Please use this identifier to cite or link to this item:
|Title:||Optimization of age replacement policy using reliability based heuristic model|
|Keywords:||Corrective replacement;Hazard function;Preventive replacement;Reliability|
|Abstract:||This paper explores a reliability based heuristic mathematical model for basic and classical age replacement policy. Using new model, optimal preventive age replacement policy is determined to maximize system reliability. For special systemshaving exponential density function with constant hazard function, a different simple decision-making model is proposed. Acase study of two industrial machines was conducted using weibull density and exponential density function.|
|ISSN:||0975-1084 (Online); 0022-4456 (Print)|
|Appears in Collections:||JSIR Vol.68(08) [August 2009]|
Items in NOPR are protected by copyright, with all rights reserved, unless otherwise indicated.