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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
Liang, XLam, YLi, Z
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?
DOI: http://dx.doi.org/10.1080/00207721003706860
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
0020-7721
2023 Impact Factor: 4.9
2023 SCImago Journal Rankings: 1.851
ISI Accession Number ID
WOS:000295464400010
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-
dc.identifier.issnl0020-7721-

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