A cast-off replacement policy for a component demanded by two parallel units

B M Yakasai ()
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B M Yakasai: Bayero University, Kano

Journal of the Operational Research Society, 2001, vol. 52, issue 6, 718-723

Abstract: Abstract Sometimes a component is removed and thrown away from a unit when it is not working satisfactorily: this could be wasteful in many cases. Some components after removal from a unit may work satisfactorily in another less demanding parallel unit, for a reasonable length of time. Therefore, in this paper we present a cast-off replacement policy that makes maximum utilization of a component that is non-repairable and demanded by two parallel units. A minimum total cost objective function is assumed.

Keywords: failure rate; residual lifetime; renewal process; preventive replacement (search for similar items in EconPapers)
Date: 2001
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DOI: 10.1057/palgrave.jors.2601134

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