Some properties and computational results for a general repair process

J. S. Dagpunar

Naval Research Logistics (NRL), 1998, vol. 45, issue 4, 391-405

Abstract: We consider a general repair process where the virtual age Vi after the ith repair is given by Vi = ϕ(Vi−1 + Xi), ϕ(·) is a specified repair functional, and Xi is the time between the (i − 1)th and ith repair. Some monotonicity and dominance properties are derived, and an equilibrium process is considered. A computational method for evaluating the expected number/density of repairs is described together with an approximation method for obtaining some parameters of the equilibrium process. © 1998 John Wiley & Sons, Inc. Naval Research Logistics 45: 391–405, 1998

Date: 1998
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https://doi.org/10.1002/(SICI)1520-6750(199806)45:43.0.CO;2-0

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Persistent link: https://EconPapers.repec.org/RePEc:wly:navres:v:45:y:1998:i:4:p:391-405

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