Abstract
This paper deals with a coherent system consisting of n components under jump deterioration. The transition probability of each component is not independent each other, and the cost of replacing several components jointly is less than the sum of the costs of separate replacements. Then we consider a continuous time replacement model for components in the coherent system with minimal repair, and investigate the structural properties of the optimal replacement policy that minimizies the expected total discounted cost.
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© 1984 Springer-Verlag Berlin Heidelberg
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Ohashi, M. (1984). Optimal Replacement Policy for Components in a Coherent System under Jump Deterioration. In: Osaki, S., Hatoyama, Y. (eds) Stochastic Models in Reliability Theory. Lecture Notes in Economics and Mathematical Systems, vol 235. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-45587-2_11
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DOI: https://doi.org/10.1007/978-3-642-45587-2_11
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-13888-4
Online ISBN: 978-3-642-45587-2
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