| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 806498 | Reliability Engineering & System Safety | 2009 | 6 Pages |
Abstract
It is difficult to find the optimal solution of the sequential age replacement policy for a finite-time horizon. This paper presents an accurate approximation to find an approximate optimal solution of the sequential replacement policy. The proposed approximation is computationally simple and suitable for any failure distribution. Their accuracy is illustrated by two examples. Based on the approximate solution, an approximate estimate for the total cost is derived.
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Physical Sciences and Engineering
Engineering
Mechanical Engineering
Authors
R. Jiang,