Univariate Maintenance Model for a Deteriorating System under Two Monotone Processes
DOI:
https://doi.org/10.17762/msea.v71i4.746Abstract
The maintenance model for a decaying system is investigated in this study, in which successive running times and restore times follow partial sum process and alpha- series process separately is considered. Assume that the system after restore cannot be “as good as new”, and the deterioration of the system is stochastic. Under these assumptions, we use a replacement strategy ???? based on the failure quantity of the system. An analytically determined optimal replacement strategy ????? for minimizing the long run mean cost for every unit time is derived from an explicit expression for the long run mean cost for every unit time under ????strategy. A numeric illustration is also given.