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- W1978290336 abstract "In this article, a repairable system with age-dependent failure type and minimal repair based on a cumulative repair-cost limit policy is studied, where the information of entire repair-cost history is adopted to decide whether the system is repaired or replaced. As the failures occur, the system has two failure types: (i) a Type-I failure (minor) type that is rectified by a minimal repair, and (ii) a Type-II failure (catastrophic) type that calls for a replacement. We consider a bivariate replacement policy, denoted by (n,T), in which the system is replaced at life age T, or at the n-th Type-I failure, or at the kth Type-I failure (k < n and due to a minor failure at which the accumulated repair cost exceeds the pre-determined limit), or at the first Type-II failure, whichever occurs first. The optimal minimum-cost replacement policy (n,T)* is derived analytically in terms of its existence and uniqueness. Several classical models in maintenance literature could be regard as special cases of the presented model. Finally, a numerical example is given to illustrate the theoretical results." @default.
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- W1978290336 date "2013-11-17" @default.
- W1978290336 modified "2023-09-25" @default.
- W1978290336 title "A Bivariate Optimal Replacement Policy for a System With Age-dependent Minimal Repair and Cumulative Repair-cost Limit" @default.
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- W1978290336 doi "https://doi.org/10.1080/03610926.2011.648789" @default.
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