학술논문

Optimal spare ordering policy for preventive replacement with age-dependent minimal repair under cost effectiveness criterion
Document Type
Conference
Source
2007 IEEE International Conference on Industrial Engineering and Engineering Management Industrial Engineering and Engineering Management, 2007 IEEE International Conference on. :626-630 Dec, 2007
Subject
Power, Energy and Industry Applications
Engineering Profession
Cost function
Investments
Statistics
Reliability theory
Electric breakdown
Preventive maintenance
National security
Weapons
Ordering policy
Spare
Cost effectiveness
Language
ISSN
2157-3611
2157-362X
Abstract
This paper develops a preventive replacement policy of spare ordering with age-dependent minimal repair and general random repair costs under cost effectiveness criterion. The spare unit for replacement is available only by order and the lead time for delivery the spare due to regular or expedited ordering follows general distributions. Introducing costs due to ordering, repairs, downtime and replacements, as well as the salvage value of system, we derive the expected cost effectiveness per unit time in the long run as a criterion of optimality. There exists a finite and unique optimum policy of ordering time which maximizes the expected cost effectiveness.