2004
DOI: 10.1016/s0377-2217(03)00409-0
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Optimal age-replacement policy of a system subject to shocks with random lead-time

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Cited by 75 publications
(27 citation statements)
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“…In which, the maintenance work includes minor maintenance, and the delivery time of spare parts ordering is random. Sheu et al [15] studied the age replacement policy like document [14] for single equipment system, which includes impact deterioration system. Alenka [1] studied the joint optimization problem of periodic batch replacement and periodic spare procurement.…”
Section: Introductionmentioning
confidence: 99%
“…In which, the maintenance work includes minor maintenance, and the delivery time of spare parts ordering is random. Sheu et al [15] studied the age replacement policy like document [14] for single equipment system, which includes impact deterioration system. Alenka [1] studied the joint optimization problem of periodic batch replacement and periodic spare procurement.…”
Section: Introductionmentioning
confidence: 99%
“…The component terms for various probabilities in (14) and (15) can be calculated using (1), (2), (5), (6), (7), (9), (10), and (13) and the minimization of the long-run expected cost per unit time is chosen as the objective of the proposed joint inspection-based PM and spare ordering policy and the decisions variables are the inspection interval and the value of . Clearly, the system will be restored to be as good as new after each replacement.…”
Section: Casementioning
confidence: 99%
“…Some works have investigated and presented the joint optimization model of preventive maintenance policy and spare ordering policy for single-unit systems. Most of the past studies modeled the age-based replacement policy and spare provisioning policy jointly; we can refer to Osaki and Yamada [11], Sheu and Griffith [12], Jhang [13], Sheu and Chien [14], and Sheu et al [15], Sheu et al [16]. In the proposed models of these works, only one spare is ordered at time 0, that is, the initial time of the system operation, and is delivered after a fixed or random lead time.…”
Section: Introductionmentioning
confidence: 99%
“…In a recent work Sheu and Chien [7] deal with a generalized age-replacement model by means of the non-homogeneous Poisson process approach, extending previously maintenance models. In addition Sheu and Chien [7] provide a helpful survey on maintenance policies for revealed failures.…”
Section: Introductionmentioning
confidence: 99%
“…In addition Sheu and Chien [7] provide a helpful survey on maintenance policies for revealed failures.…”
Section: Introductionmentioning
confidence: 99%