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Optimal continuous-wear limit replacement under periodic inspections

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1 Author(s)
Park, Kyung S. ; Korea Adv. Inst. of Sci. & Technol., Seoul, South Korea

An item breaks down when it wears continuously beyond a certain threshold. The item is preventively replaced as the wear at periodic inspections exceeds a certain wear limit; on failure, it is replaced immediately. The optimal wear limit for preventive replacement that minimizes the long-run total average-cost rate is derived. A numerical example demonstrates its computability

Published in:

Reliability, IEEE Transactions on  (Volume:37 ,  Issue: 1 )