Research Reports from the Department of Operations

Document Type

Report

Publication Date

1-1-1970

Abstract

In this paper, replacement strategies applicable to failing type of 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.

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. 176a

Rights

This work is in the public domain and may be freely downloaded for personal or academic use

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