Zantek, Paul F.; Hanson, Timothy; Damien, Paul; Popova, … - In: Operations Research Perspectives 2 (2015), pp. 73-80
Management decisions regarding maintenance protocols critically hinge on the underlying probability distribution of the time between failures in most repairable systems. Replacement of the system with a new one resets the system age to zero, whereas a repair does not alter the system age but may...
