Accession Number:

AD0617881

Title:

AGE REPLACEMENT WITH DISCOUNTING,

Descriptive Note:

Corporate Author:

RAND CORP SANTA MONICA CALIF

Personal Author(s):

Report Date:

1965-06-01

Pagination or Media Count:

10.0

Abstract:

In considering age replacement with discounting for known failure distribution, the principal results are for the case when the failure rate is continuous and strictly increasing to infinity. It is also shown what happens for small discount rate. For unknown failure distribution, the author gives the minimax strategy. Author

Subject Categories:

Distribution Statement:

APPROVED FOR PUBLIC RELEASE