Proceedings of the ISCIE International Symposium on Stochastic Systems Theory and its Applications
Online ISSN : 2188-4749
Print ISSN : 2188-4730
The 32nd ISCIE International Symposium on Stochastic Systems Theory and Its Applications (Nov. 2000, Tottori)
AGE REPLACEMENT POLICY CONSIDERING WARRANTY WITH ONE CORRECTIVE REPLACEMENT AND MINIMAL REPAIRS
Koichiro RisakaHiroaki SandohToshio Nakagawa
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2001 Volume 2001 Pages 165-169

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Abstract
In this paper, a preventive replacement policy considering warranty is proposed. Throughout the warranty period, a manufacturer copes with the first failure of the objective system by replacing it with a new one free of charge, but he conducts minimal repairs to the succeeding failures without charge. An expected cost per unit time is formulated, when a user preventively replaces the system at time T from the initial purchase. We clarify the sufficient conditions under which a unique finite preventive replacement time that minimizes the expected cost exists. Numerical examples assuming a personal computer are also presented.
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© 2001 ISCIE Symposium on Stochastic Systems Theory and Its Applications
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