LIFE-CYCLE COST MODELING USING MARKED POINT-PROCESSES

Citation
M. Karyagina et al., LIFE-CYCLE COST MODELING USING MARKED POINT-PROCESSES, Reliability engineering & systems safety, 59(3), 1998, pp. 291-298
Citations number
28
Categorie Soggetti
Operatione Research & Management Science","Engineering, Industrial
ISSN journal
09518320
Volume
59
Issue
3
Year of publication
1998
Pages
291 - 298
Database
ISI
SICI code
0951-8320(1998)59:3<291:LCMUMP>2.0.ZU;2-K
Abstract
This article presents st life cycle cost (LCC) model of a repairable s ystem. The model is based on a marked point process and allows for non -constant failure intensity as well as stochastic nature of costs asso ciated with system's failures. The model is applied to failure data fr om computer numerically controlled (CNC) machines. (C) 1998 Elsevier S cience Limited..