AGE REPLACEMENT POLICY IN UNCERTAIN ENVIRONMENT
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Abstract:
Age replacement policy is concerned with finding an optional time tominimize the cost, at which time the unit is replaced even if itdoes not fail. So far, age replacement policy involving random agehas been proposed. This paper will assume the age of the unit is anuncertain variable, and find the optimal time to replace the unit.
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age replacement policy in uncertain environment
age replacement policy is concerned with finding an optional time tominimize the cost, at which time the unit is replaced even if itdoes not fail. so far, age replacement policy involving random agehas been proposed. this paper will assume the age of the unit is anuncertain variable, and find the optimal time to replace the unit.
full textAge Replacement Policy in Uncertain Environment
Age replacement policy is concerned with finding an optional time to minimize the cost, at which time the unit is replaced even if it does not fail. So far, age replacement policy involving random age has been proposed. This paper will assume the age of the unit is an uncertain variable, and find the optimal time to replace the unit.
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Journal title
volume 10 issue 2
pages 29- 39
publication date 2013-04-29
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