Dekker, Rommert; Frenk, Frenk, J.B.G.; Kleijn, M.J. - Faculteit der Economische Wetenschappen, Erasmus … - 1996
In this paper we discuss a general framework for single component replacement models. This framework is based on the regenerative structure of these models and by using results from renewal theory a unified presentation of the discounted and average finite and infinite horizon cost models is...