IJPAM: Volume 35, No. 3 (2007)
AGE-DEPENDENT MINIMAL REPAIR COST FOR
A SYSTEM UNDER PERIODIC OVERHAUL
Department of Industrial Management
National Taiwan University of Science and Technology
43 Keelung Road, Section 4, Taipei 106, TAIWAN, R.O.C.
Abstract.A maintenance policy for determining the optimal number of overhauls and the optimal period between overhauls which incorporate minimal repair, overhauls, replacement. The cost of minimal repair depends on age and the system is replaced at time . It is shown that there exists a unique optimal policy which minimizes the expected cost rate under certain conditions. Various cases are considered.
Received: January 27, 2007
AMS Subject Classification: 90B25
Key Words and Phrases: maintenance, minimal repair, overhaul, replacement
Source: International Journal of Pure and Applied Mathematics