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Article: Optimal replacement policy for a general geometric process model with δ-shock

TitleOptimal replacement policy for a general geometric process model with δ-shock
Authors
Keywords-shock
Geometric process
Maintenance
Optimal policy
Renewal process
Issue Date2011
PublisherTaylor & Francis Ltd. The Journal's web site is located at http://www.tandf.co.uk/journals/titles/00207721.asp
Citation
International Journal of Systems Science, 2011, v. 42 n. 12, p. 2021-2034 How to Cite?
AbstractIn this article, a general geometric process model with-shock for a deteriorating system and an improving system is studied. A system will fail as soon as a shock arrives with interarrival time being inside a real set. Assume that a replacement policy N is adopted by which the system will be replaced by a new, identical one at the time following the N-th failure. Then the optimal replacement policy N* for minimising the long-run average cost per unit time is determined analytically. Finally, the sensitivity analysis is studied. © 2011 Taylor & Francis.
Persistent Identifierhttp://hdl.handle.net/10722/137540
ISSN
2015 Impact Factor: 1.947
2015 SCImago Journal Rankings: 1.083
ISI Accession Number ID
Funding AgencyGrant Number
NNSF of China10471057
50808025
Funding Information:

The authors are grateful to the editors and referees for their comments and suggestions which have much improved the presentation. This research was supported by the NNSF of China (10471057) and (50808025).

 

DC FieldValueLanguage
dc.contributor.authorLiang, Xen_US
dc.contributor.authorLam, Yen_US
dc.contributor.authorLi, Zen_US
dc.date.accessioned2011-08-26T14:27:38Z-
dc.date.available2011-08-26T14:27:38Z-
dc.date.issued2011en_US
dc.identifier.citationInternational Journal of Systems Science, 2011, v. 42 n. 12, p. 2021-2034en_US
dc.identifier.issn0020-7721en_US
dc.identifier.urihttp://hdl.handle.net/10722/137540-
dc.description.abstractIn this article, a general geometric process model with-shock for a deteriorating system and an improving system is studied. A system will fail as soon as a shock arrives with interarrival time being inside a real set. Assume that a replacement policy N is adopted by which the system will be replaced by a new, identical one at the time following the N-th failure. Then the optimal replacement policy N* for minimising the long-run average cost per unit time is determined analytically. Finally, the sensitivity analysis is studied. © 2011 Taylor & Francis.-
dc.languageengen_US
dc.publisherTaylor & Francis Ltd. The Journal's web site is located at http://www.tandf.co.uk/journals/titles/00207721.aspen_US
dc.relation.ispartofInternational Journal of Systems Scienceen_US
dc.subject-shock-
dc.subjectGeometric process-
dc.subjectMaintenance-
dc.subjectOptimal policy-
dc.subjectRenewal process-
dc.titleOptimal replacement policy for a general geometric process model with δ-shocken_US
dc.typeArticleen_US
dc.identifier.openurlhttp://library.hku.hk:4550/resserv?sid=HKU:IR&issn=0020-7721&volume=42&issue=12&spage=2021&epage=2034&date=2011&atitle=Optimal+replacement+policy+for+a+general+geometric+process+model+with+δ-shocken_US
dc.identifier.emailLam, Y: ylam@saas.hku.hken_US
dc.description.naturelink_to_subscribed_fulltext-
dc.identifier.doi10.1080/00207721003706860-
dc.identifier.scopuseid_2-s2.0-80053521489-
dc.identifier.hkuros189374en_US
dc.identifier.volume42-
dc.identifier.issue12-
dc.identifier.spage2021en_US
dc.identifier.epage2034en_US
dc.identifier.isiWOS:000295464400010-

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