• DocumentCode
    1342189
  • Title

    An Optimal Decision Rule for Repair vs Replacement

  • Author

    Muth, Eginhard J.

  • Author_Institution
    Dept of Industrial & Systems Engineering; University of Florida; Gainesville FL 32611 USA.
  • Issue
    3
  • fYear
    1977
  • Firstpage
    179
  • Lastpage
    181
  • Abstract
    This paper presents a policy for either repairing or replacing a system that has failed. The policy applies to systems whose mean residual life function is decreasing. An optimal policy is developed that minimizes the cost per unit time for repair and replacement. Results are shown graphically for a particular distribution of time to failure and are motivated in terms of an automobile replacement problem.
  • Keywords
    Aging; Automobiles; Cost function; Displays; Failure analysis; Hazards; Preventive maintenance; Reliability engineering; Reliability theory; Tires; Cost minimizing; Decreasing residual life; Maintenance policy; Repair or replace;
  • fLanguage
    English
  • Journal_Title
    Reliability, IEEE Transactions on
  • Publisher
    ieee
  • ISSN
    0018-9529
  • Type

    jour

  • DOI
    10.1109/TR.1977.5220108
  • Filename
    5220108
    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=49&DC=1342189