Accession Number:

AD0750118

Title:

On a Discounted Replacement Problem with Arbitrary Repair Time Distribution.

Descriptive Note:

Technical rept.,

Corporate Author:

FLORIDA UNIV GAINESVILLE DEPT OF INDUSTRIAL AND SYSTEMS ENGINEERING

Personal Author(s):

Report Date:

1972-08-01

Pagination or Media Count:

21.0

Abstract:

The functional equation technique is applied to obtain explicit expressions for the long term total expected discounted cost in replacement problems incorporating the downtime effect associated with the repair state of the failed component. Necessary and sufficient conditions for an optimal replacement policy are obtained and some asymptotic results are derived. Author

Subject Categories:

  • Administration and Management
  • Operations Research

Distribution Statement:

APPROVED FOR PUBLIC RELEASE