Extended Optimal Replacement Policies for a Random Intervals with Working Time  
Author Satoshi Mizutani

 
Co-Author(s) Toshio Nakagawa

 
Abstract We consider optimal replacement policies with random preventive maintenance, random working time or finite operating interval. For the models, we obtain the expected cost, and derive analytically optimal planned preventive maintenance time and number N (N = 0, 1, 2,... ) of working time which minimize the expected cost. Further, numerical examples are given when the failure distribution is a Weibull distribution, and the other time distributions are exponential distributions.

 
Keywords Replacement, Optimal Policy, Finite Interval, Working Time
   
    Article #:  19152
 
Proceedings of the 19th ISSAT International Conference on Reliability and Quality in Design
August 5-7, 2013 - Honolulu, Hawaii, U.S.A.