Random Age Replacement Model

Satoshi Mizutani (), Xufeng Zhao and Toshio Nakagawa
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Satoshi Mizutani: Aichi Institute of Technology
Xufeng Zhao: Nanjing University of Aeronautics and Astronautics
Toshio Nakagawa: Aichi Institute of Technology

Chapter Chapter 2 in Which-Is-Better (WIB): Problems in Reliability Theory, 2023, pp 7-29 from Springer

Abstract: Abstract We consider the age replacement model in which the unit is replaced at time T or at failure, whichever occurs. The following five policies based on the age replacement are taken up: (1) Random replacement, Random replacement (2) Age replacement, Age replacement (3) Replacement first, Replacement first (4) Replacement last, Replacement last and (5) Replacement overtime.

Date: 2023
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DOI: 10.1007/978-3-031-27316-2_2

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