A replacement policy for a repairable system with its repairman having multiple vacations

Jia, Jishen and Wu, Shaomin (2009) A replacement policy for a repairable system with its repairman having multiple vacations. Computers and Industrial Engineering, 57 (1). pp. 156-160. ISSN 0360-8352 . (Full text available)

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http://dx.doi.org/10.1016/j.cie.2008.11.003

Abstract

This paper considers a replacement policy for a repairable system with a repairman, who can have multiple vacations. If the system fails and the repairman is on vacation, it will wait for repair until the repairman is available. Assuming that the system can not be repaired "as good as new" and a repair upon failure can be performed immediately with a probability of p, we optimise replacement policy using geometric processes. The explicit expression of the expected cost rate is derived, and the corresponding optimal policy can be determined analytically or numerically. Finally, a numerical example is given to illustrate the theoretical results of the model. © 2008 Elsevier Ltd. All rights reserved.

Item Type: Article
Uncontrolled keywords: Geometric process, Maintenance policy, Multiple vacation, Replacement policy, As good as new, Expected costs, Explicit expressions, Geometric process, Maintenance policy, Multiple vacation, Multiple vacations, Numerical example, Optimal policies, Repairable systems, Replacement policy, Theoretical result, Large scale systems, Repair, Geometry
Subjects: H Social Sciences > HA Statistics > HA33 Management Science
Divisions: Faculties > Social Sciences > Kent Business School > Management Science
Depositing User: Shaomin Wu
Date Deposited: 17 Oct 2012 11:58
Last Modified: 17 Apr 2014 09:25
Resource URI: http://kar.kent.ac.uk/id/eprint/31012 (The current URI for this page, for reference purposes)
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