The usual practice of monitoring a production process is to inspect th
e process at a uniform rate. For processes involving failure mechanism
that obey a Markovian model, the practice of inspecting uniformly ove
r time is, usually, optimum. For non-Markovian systems, however, this
practice of inspection at a uniform rate is generally not optimum. It
is believed that the frequency of inspections should be increased with
time for increasing-failure-rate models. In this article we address t
his issue of an appropriate inspection policy for non-Markovian system
s. Further, associated with a non-Markovian system is the usual practi
ce of repairing the machine to bring it back to an 'in-control' state.
We assume that, at a moderate cost, the system can be repaired and th
at the residual life on this system will depend upon its current age.
The replacement costs are high and a decision to replace this machine
is undertaken only when a repair at this stage is not expected to yiel
d positive economic benefits. The objective is to determine an optimum
inspection and replacement policy so as to minimize the expected prod
uction cost per unit time.