CONDITION-BASED REPLACEMENT POLICIES - A COUNTING PROCESS APPROACH

Authors
AVEN T
Citation
T. Aven, CONDITION-BASED REPLACEMENT POLICIES - A COUNTING PROCESS APPROACH, Reliability engineering & systems safety, 51(3), 1996, pp. 275-281
Citations number
14
Categorie Soggetti
Operatione Research & Management Science","Engineering, Industrial
Journal title
Reliability engineering & systems safety → ACNP
ISSN journal
09518320
Volume
51
Issue
3
Year of publication
1996
Pages
275 - 281
Database
ISI
SICI code
0951-8320(1996)51:3<275:CRP-AC>2.0.ZU;2-U
Abstract
This paper presents a general framework for analysing condition based replacement policies for stochastically failing units. The framework i s based on the theory of counting processes. A replacement policy mini mizing the long run expected cost is determined. The paper discusses b oth non-repairable and repairable units. Two examples are analysed in detail: shock models and monotone (coherent) systems. (C) 1996 Elsevie r Science Limited.