IDEAS home Printed from https://ideas.repec.org/a/inm/oropre/v30y1982i6p1183-1189.html
   My bibliography  Save this article

Periodic Replacement with Increasing Minimal Repair Costs at Failure

Author

Listed:
  • Philip J. Boland

    (University College, Dublin, Ireland)

  • Frank Proschan

    (The Florida State University, Tallahassee, Florida)

Abstract

When an expensive one unit system fails or breaks down, it is often more practical to perform “minimal repair” than to make a replacement or perform a complete overhaul. Instead replacements or complete overhauls are made periodically at fixed multiples of some predetermined time T . In this paper we treat a model for this minimal repair-periodic replacement policy, and consider the problems of determining: (1) the period T which minimizes the total expected cost of repair and replacement over a fixed time horizon [0, t ), and (2) the period T which minimizes the total expected cost per unit time over an infinite time horizon.

Suggested Citation

  • 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.
    • Handle: RePEc:inm:oropre:v:30:y:1982:i:6:p:1183-1189
    DOI: 10.1287/opre.30.6.1183
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.1287/opre.30.6.1183
    Download Restriction: no
    File URL: https://libkey.io/10.1287/opre.30.6.1183?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:inm:oropre:v:30:y:1982:i:6:p:1183-1189. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Asher (email available below). General contact details of provider: https://edirc.repec.org/data/inforea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.