Title
Replacement and inspection policies for products with random life cycle
Abstract
In this paper, we consider maintenance policies for products in which the economical life cycle of products is a random variable. First, we study a periodic replacement policy with minimal repair. The system is minimally repaired at failure and is replaced by new one at age T (periodic replacement policy with minimal repair of Barlow and Hunter [1]). The expected present value of total maintenance cost of products with random life cycle is obtained and the optimal replacement interval minimizing the cost is found. Second, we consider an inspection policy for products with random life cycle to detect the system failure. The expected total cost is obtained and the optimal inspection interval is found. Numerical examples are also included.
Year
DOI
Venue
2010
10.1016/j.ress.2009.09.003
Reliability Engineering & System Safety
Keywords
DocType
Volume
Maintenance,Random life cycle,Minimal repair,Inspection policy
Journal
95
Issue
ISSN
Citations 
3
0951-8320
3
PageRank 
References 
Authors
0.48
1
2
Name
Order
Citations
PageRank
Won Young Yun1738.14
Toshio Nakagawa220725.83