Optimal replacement policy for a general geometric process model with δ-shock
Optimal replacement policy for a general geometric process model with δ-shock
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DOI:
10.1080/00207721003706860
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发表时间:
2011-12
影响因子:
4.3
通讯作者:
Xiaolin Liang;Y. Lam;Zehui Li
中科院分区:
文献类型:
--
作者:
Xiaolin Liang;Y. Lam;Zehui Li
In this article, a general geometric process model with δ-shock for a deteriorating system and an improving system is studied. A system will fail as soon as a shock arrives with interarrival time being inside a real set. Assume that a replacement policy N is adopted by which the system will be replaced by a new, identical one at the time following the N-th failure. Then the optimal replacement policy N* for minimising the long-run average cost per unit time is determined analytically. Finally, the sensitivity analysis is studied.