On the Coordinated Random Group Replacement Policy in Multivariate Repairable Systems

Haijun Li () and Susan H. Xu ()
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Haijun Li: Department of Mathematics, Washington State University, Pullman, Washington 99164
Susan H. Xu: Department of Management Science and Information Systems, Smeal College of Business Administration, Pennsylvania State University, University Park, Pennsylvania 16802

Operations Research, 2004, vol. 52, issue 3, 464-477

Abstract: We study a system with multiple components and preventive maintenance. At predetermined times, some of the components are replaced with new ones. We permit the set of components that are chosen for replacement to be random and study the effect of dependency in this selection. For example, we show that it is often better to have simultaneous replacements of components, rather than replacing each component independently of the others. We also show that preventive maintenance only makes sense for components whose lifetimes are new-better-than-used (NBU).

Keywords: reliability; maintenance and repair; replacement and renewal; probability; distribution comparisons; stochastic model applications (search for similar items in EconPapers)
Date: 2004
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Citations: View citations in EconPapers (4)

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