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Optimal age-replacement policy of a system subject to shocks with random lead-time

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  • Sheu, Shey-Huei
  • Chien, Yu-Hung

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  • Sheu, Shey-Huei & Chien, Yu-Hung, 2004. "Optimal age-replacement policy of a system subject to shocks with random lead-time," European Journal of Operational Research, Elsevier, vol. 159(1), pages 132-144, November.
    • Handle: RePEc:eee:ejores:v:159:y:2004:i:1:p:132-144
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    1. Park, Young T. & Park, Kyung S., 1986. "Generalized spare ordering policies with random lead time," European Journal of Operational Research, Elsevier, vol. 23(3), pages 320-330, March.
    2. H. W. Block & W. S. Borges & T. H. Savits, 1988. "A general age replacement model with minimal repair," Naval Research Logistics (NRL), John Wiley & Sons, vol. 35(5), pages 365-372, October.
    3. Shey-Huei Sheu & Griffith, William S. & Toshio Nakagawa, 1995. "Extended optimal replacement model with random minimal repair costs," European Journal of Operational Research, Elsevier, vol. 85(3), pages 636-649, September.
    4. Sheu, Shey-Huei, 1998. "A generalized age and block replacement of a system subject to shocks," European Journal of Operational Research, Elsevier, vol. 108(2), pages 345-362, July.
    5. Philip J. Boland & Frank Proschan, 1982. "Periodic Replacement with Increasing Minimal Repair Costs at Failure," Operations Research, INFORMS, vol. 30(6), pages 1183-1189, December.
    6. Thomas, L. C. & Osaki, Shunji, 1978. "An optimal ordering policy for a spare unit with lead time," European Journal of Operational Research, Elsevier, vol. 2(6), pages 409-419, November.
    7. Richard Barlow & Larry Hunter, 1960. "Optimum Preventive Maintenance Policies," Operations Research, INFORMS, vol. 8(1), pages 90-100, February.
    8. Nakagawa, Toshio & Kowada, Masashi, 1983. "Analysis of a system with minimal repair and its application to replacement policy," European Journal of Operational Research, Elsevier, vol. 12(2), pages 176-182, February.
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    Cited by:

    1. Cha, Ji Hwan, 2019. "Poisson Lindley process and its main properties," Statistics & Probability Letters, Elsevier, vol. 152(C), pages 74-81.
    2. Rasool Motahari & Yasser Saeidi Sough & Hamed Aboutorab & Morteza Saberi, 2021. "Joint optimization of maintenance and inventory policies for multi-unit systems," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 12(3), pages 587-607, June.
    3. Liu, Gia-Shie, 2011. "Dynamic group instantaneous replacement policies for unreliable Markovian service systems," International Journal of Production Economics, Elsevier, vol. 130(2), pages 203-217, April.
    4. Gia-Shie Liu, 2019. "A Group Replacement Decision Support System Based on Internet of Things," Mathematics, MDPI, vol. 7(9), pages 1-23, September.
    5. Ruifeng Yang & Jianshe Kang & Qiwei Hu, 2018. "Integrated maintenance policy optimization with finite spares," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 9(5), pages 1014-1021, October.
    6. Chien, Yu-Hung & Chen, Jih-An, 2008. "Optimal spare ordering policy under a rebate warranty," European Journal of Operational Research, Elsevier, vol. 186(2), pages 708-719, April.
    7. J-A Chen & Y-H Chien, 2007. "Optimal age-replacement policy for renewing warranted products," Journal of Risk and Reliability, , vol. 221(4), pages 229-237, December.
    8. Y-H Chien & C-C Chang & S-H Sheu, 2009. "Optimal periodical time for preventive replacement based on a cumulative repair-cost limit and random lead time," Journal of Risk and Reliability, , vol. 223(4), pages 333-345, December.
    9. Lim, J.H. & Qu, Jian & Zuo, Ming J., 2016. "Age replacement policy based on imperfect repair with random probability," Reliability Engineering and System Safety, Elsevier, vol. 149(C), pages 24-33.
    10. Zhang, Xiaohong & Zeng, Jianchao, 2017. "Joint optimization of condition-based opportunistic maintenance and spare parts provisioning policy in multiunit systems," European Journal of Operational Research, Elsevier, vol. 262(2), pages 479-498.
    11. Panagiotidou, Sofia & Tagaras, George, 2007. "Optimal preventive maintenance for equipment with two quality states and general failure time distributions," European Journal of Operational Research, Elsevier, vol. 180(1), pages 329-353, July.
    12. Ruifeng Yang & Jianshe Kang, 2017. "A joint optimal policy of block preventive replacement and spare part inventory," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 8(4), pages 740-746, December.
    13. Miaomiao Yu & Yinghui Tang, 2017. "Optimal replacement policy based on maximum repair time for a random shock and wear model," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 25(1), pages 80-94, April.
    14. Yu-Hung Chien & Chin-Chih Chang & Shey-Huei Sheu, 2010. "Optimal age-replacement model with age-dependent type of failure and random lead time based on a cumulative repair-cost limit policy," Annals of Operations Research, Springer, vol. 181(1), pages 723-744, December.
    15. Nguyen, T.P. Khanh & Yeung, Thomas G. & Castanier, Bruno, 2013. "Optimal maintenance and replacement decisions under technological change with consideration of spare parts inventories," International Journal of Production Economics, Elsevier, vol. 143(2), pages 472-477.
    16. Wang, Ling & Chu, Jian & Mao, Weijie, 2009. "A condition-based replacement and spare provisioning policy for deteriorating systems with uncertain deterioration to failure," European Journal of Operational Research, Elsevier, vol. 194(1), pages 184-205, April.
    17. Chien, Yu-Hung, 2008. "A general age-replacement model with minimal repair under renewing free-replacement warranty," European Journal of Operational Research, Elsevier, vol. 186(3), pages 1046-1058, May.
    18. Hamidi, Maryam & Szidarovszky, Ferenc & Szidarovszky, Miklos, 2016. "New one cycle criteria for optimizing preventive replacement policies," Reliability Engineering and System Safety, Elsevier, vol. 154(C), pages 42-48.
    19. Cha, Ji Hwan, 2011. "Comparison of combined stochastic risk processes and its applications," European Journal of Operational Research, Elsevier, vol. 215(2), pages 404-410, December.
    20. Chien, Yu-Hung & Sheu, Shey-Huei, 2006. "Extended optimal age-replacement policy with minimal repair of a system subject to shocks," European Journal of Operational Research, Elsevier, vol. 174(1), pages 169-181, October.
    21. Zhao, Xufeng & Nakagawa, Toshio, 2012. "Optimization problems of replacement first or last in reliability theory," European Journal of Operational Research, Elsevier, vol. 223(1), pages 141-149.

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