Accession Number:

AD0723103

Title:

On Minimizing Losses on Components with Sliding Standbys.

Descriptive Note:

Research rept.,

Corporate Author:

CARNEGIE-MELLON UNIV PITTSBURGH PA MANAGEMENT SCIENCES RESEARCH GROUP

Personal Author(s):

Report Date:

1970-10-01

Pagination or Media Count:

37.0

Abstract:

A system is constituted of identical components. Sliding standbys are available for replacing failed components. The loss per unit of time of having a component out of use differs from one component to another. Generally, when a component fails, the optimal policy consists of waiting until a certain time before replacing that component. The optimal policy is computed for different situations 2 components and one standby or n components and one standby. The standbys are considered to be in either a loaded or an unloaded mode. Author

Subject Categories:

  • Operations Research
  • Manufacturing and Industrial Engineering and Control of Production Systems

Distribution Statement:

APPROVED FOR PUBLIC RELEASE