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Article: A monotone process maintenance model for a multistate system
| Title | A monotone process maintenance model for a multistate system |
|---|---|
| Authors | |
| Keywords | Geometric process Replacement policy N Harmonic mean Renewal reward process |
| Issue Date | 2005 |
| Publisher | Applied Probability Trust. The Journal's web site is located at http://www.shef.ac.uk/uni/companies/apt/ap.html |
| Citation | Journal of Applied Probability, 2005, v. 42 n. 1, p. 1-14 How to Cite? |
| Abstract | In this paper, we study a monotone process maintenance model for a multistate system with k working states and l failure states. By making different assumptions, we can apply the model to a multistate deteriorating system as well as to a multistate improving system. We show that the monotone process model for a multistate system is equivalent to a geometric process model for a two-state system. Then, for both the deteriorating and the improving system, we analytically determine an optimal replacement policy for minimizing the long-run average cost per unit time. |
| Persistent Identifier | http://hdl.handle.net/10722/225137 |
| ISSN | 2023 Impact Factor: 0.7 2023 SCImago Journal Rankings: 0.551 |
| DC Field | Value | Language |
|---|---|---|
| dc.contributor.author | Lam, Y | - |
| dc.date.accessioned | 2016-04-22T06:07:12Z | - |
| dc.date.available | 2016-04-22T06:07:12Z | - |
| dc.date.issued | 2005 | - |
| dc.identifier.citation | Journal of Applied Probability, 2005, v. 42 n. 1, p. 1-14 | - |
| dc.identifier.issn | 0021-9002 | - |
| dc.identifier.uri | http://hdl.handle.net/10722/225137 | - |
| dc.description.abstract | In this paper, we study a monotone process maintenance model for a multistate system with k working states and l failure states. By making different assumptions, we can apply the model to a multistate deteriorating system as well as to a multistate improving system. We show that the monotone process model for a multistate system is equivalent to a geometric process model for a two-state system. Then, for both the deteriorating and the improving system, we analytically determine an optimal replacement policy for minimizing the long-run average cost per unit time. | - |
| dc.language | eng | - |
| dc.publisher | Applied Probability Trust. The Journal's web site is located at http://www.shef.ac.uk/uni/companies/apt/ap.html | - |
| dc.relation.ispartof | Journal of Applied Probability | - |
| dc.rights | Journal of Applied Probability. Copyright © Applied Probability Trust. | - |
| dc.subject | Geometric process | - |
| dc.subject | Replacement policy N | - |
| dc.subject | Harmonic mean | - |
| dc.subject | Renewal reward process | - |
| dc.title | A monotone process maintenance model for a multistate system | - |
| dc.type | Article | - |
| dc.identifier.email | Lam, Y: lamy@hkucc.hku.hk | - |
| dc.identifier.hkuros | 101908 | - |
| dc.identifier.volume | 42 | - |
| dc.identifier.issue | 1 | - |
| dc.identifier.spage | 1 | - |
| dc.identifier.epage | 14 | - |
| dc.publisher.place | United Kingdom | - |
| dc.identifier.issnl | 0021-9002 | - |