Title
A multi-criteria optimal replacement policy for a system subject to shocks
Abstract
A system is subject to shocks that arrive according to a non-homogeneous Poisson process. As these shocks occur, the system experiences one of two types of failures: a type-I failure (minor), rectified by a minimal repair; or a type-II failure (catastrophic) that calls for a replacement. In this study, we consider a multi-criteria replacement policy based on system age, nature of failure, and entire repair-cost history. Under such a policy, the system is replaced at planned life time T, or at the nth type-I failure, or at the kth type-I failure (k
Year
DOI
Venue
2011
10.1016/j.cie.2011.06.017
Computers & Industrial Engineering
Keywords
Field
DocType
minimal repair,non-homogeneous poisson process,kth type-i failure,entire repair-cost history,type-ii failure,type-i failure,nth type-i failure,system age,planned life time,system subject,multi-criteria replacement policy,multi-criteria optimal replacement policy
Engineering,Optimal maintenance,Poisson process,Reliability engineering,Operations management,Life time
Journal
Volume
Issue
ISSN
61
4
0360-8352
Citations 
PageRank 
References 
11
0.81
5
Authors
4
Name
Order
Citations
PageRank
Chin-Chih Chang152842.33
Shey-huei Sheu259071.39
Yen-Luan Chen3806.27
Zhe George Zhang442444.55