The Age Replacement Problem with Minimal Repair and Random Repair Costs

R. Cléroux
R. Cléroux
University of Montreal, Montreal, Quebec
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,
S. Dubuc
S. Dubuc
University of Montreal, Montreal, Quebec
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C. Tilquin
C. Tilquin
University of Montreal, Montreal, Quebec
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R. Cléroux

University of Montreal, Montreal, Quebec

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S. Dubuc

University of Montreal, Montreal, Quebec

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C. Tilquin

University of Montreal, Montreal, Quebec

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Published Online:1 Dec 1979https://doi.org/10.1287/opre.27.6.1158

Abstract

Age replacement policies are investigated. When a unit reaches age T, a preventive replacement is made. If a failure occurs prior to age T and if the random repair cost is less than a fixed constant, a minimal repair is made. Otherwise the unit is replaced at failure.

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Volume 27, Issue 6

November-December 1979

Pages 1069-1216

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Published Online:December 01, 1979

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R. Cléroux, S. Dubuc, C. Tilquin, (1979) The Age Replacement Problem with Minimal Repair and Random Repair Costs. Operations Research 27(6):1158-1167.

https://doi.org/10.1287/opre.27.6.1158

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The Age Replacement Problem with Minimal Repair and Random Repair Costs

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Volume 27, Issue 6

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