Research Reports from the Department of Operations
Document Type
Report
Publication Date
5-1-1970
Abstract
In this paper, replacement strategies applicable to failing type items with monotonically increasing failure rate are considered. In particular, multistage as well as single stage strategies are compared with respect to the Behaviour of their important characteristics. Considerations in the choice and implementation of the strategies are discussed besides outlining a few typical applications.
Keywords
Operations research, Reliability (Engineering), Failure analysis (Engineering), Maintenance--Management, Industrial management, Decision making--Mathematical models, Stochastic processes
Publication Title
Technical Memorandums from the Department of Operations, School of Management, Case Western Reserve University
Issue
Technical memorandum no. 176
Rights
This work is in the public domain and may be freely downloaded for personal or academic use
Recommended Citation
Jain, Arvind and Nair, K.P. K., "Comparison of Replacement Strategies" (1970). Research Reports from the Department of Operations. 79.
https://commons.case.edu/wsom-ops-reports/79