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International Society of Science and Applied Technologies |
| Optimal Replacement Times of Weibull, Gamma and Normal Distributions with the Same Mean, Variance and Median | ||||
| Author |
Jing Wu
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| Co-Author(s) |
Kazunori Iwata; Xufeng Zhao; Toshio Nakagawa
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| Abstract | This paper studies optimal replacement times for Weibull,
gamma, and normal distributions with the same mean,
variance, and median. Several important properties of
these distributions are discussed. Age replacement, periodic
replacement, and block replacement policies are
considered. Their corresponding optimal replacement times
and expected cost rates are derived.
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| Keywords | Age replacement, Opportunity, Parallel system, Random units | |||
| Article #: RQD2026-95 | ||||
Proceedings of 31st ISSAT International Conference on Reliability & Quality in Design |