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Replacement of Systems and Components in Renewal Decision Problems

Author

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  • L. C. Thomas

    (University of Manchester, Manchester, England)

Abstract

The lifetime of some systems is virtually independent of their components. For example, a car's lifetime depends on the general corrosion of the bodywork and its avoidance of a major accident, which are independent of the condition of the battery. We consider the replacement problem when both the system and components can be replaced and the time horizon is infinite. As well as considering which type of components should we use to replace a failed one, we consider whether when a component fails, it is best to replace the whole system.

Suggested Citation

  • L. C. Thomas, 1985. "Replacement of Systems and Components in Renewal Decision Problems," Operations Research, INFORMS, vol. 33(2), pages 404-411, April.
    • Handle: RePEc:inm:oropre:v:33:y:1985:i:2:p:404-411
    DOI: 10.1287/opre.33.2.404
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    Cited by:

    1. Dinh, Duc-Hanh & Do, Phuc & Iung, Benoit & Nguyen, Pham-The-Nhan, 2024. "Reliability modeling and opportunistic maintenance optimization for a multicomponent system with structural dependence," Reliability Engineering and System Safety, Elsevier, vol. 241(C).
    2. Xiaosheng Zhang & Jianqiao Chen & Ben Han & Junxiang Li, 2019. "Multi-mission selective maintenance modelling for multistate systems over a finite time horizon," Journal of Risk and Reliability, , vol. 233(6), pages 1040-1059, December.
    3. Dinh, Duc-Hanh & Do, Phuc & Iung, Benoit, 2022. "Multi-level opportunistic predictive maintenance for multi-component systems with economic dependence and assembly/disassembly impacts," Reliability Engineering and System Safety, Elsevier, vol. 217(C).
    4. Dao, Cuong D. & Zuo, Ming J., 2017. "Selective maintenance of multi-state systems with structural dependence," Reliability Engineering and System Safety, Elsevier, vol. 159(C), pages 184-195.
    5. Bauer, L. & Mumey, G.A. & Lohr, W., 1989. "Economic Replacement Strategies for Dairy Cattle," Project Report Series 232069, University of Alberta, Department of Resource Economics and Environmental Sociology.

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