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In this paper we examine several models for systems subject to both repairable and nonrepairable failures. A repairable failure can be remedied by the application of a repair kit (spare part, standby system, etc.), whereas a nonrepairable failure terminates the life of the system. The stochastic...
Persistent link: https://www.econbiz.de/10009208477
Several models are developed for the evaluation of replenishment policies for an inventory of repair kits used by a system subject to both repairable and nonrepairable failures. At the time of a repairable failure, a repair kit is removed from inventory and used to renew the system....
Persistent link: https://www.econbiz.de/10009208826