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TTT transforms and age replacements with discounted costs
Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Business Administration and Industrial Engineering.
1983 (English)In: Naval Research Logistics Quarterly, ISSN 0028-1441, Vol. 30, no 4, p. 631-639Article in journal (Refereed) Published
Abstract [en]

The ordinary age replacement problem consists of finding an optimal age at which a unit, needed in a continuous production process, should be replaced in order to minimize the average long-run cost per unit time. Bergman (1980) introduced a graphical procedure based on the total-time-on-test (TTT) concept for the analysis of the age replacement problem. In this article, that idea is generalized to the situation of discounted costs. The authors also study a more general age replacement problem in which they have a form of imperfect repair (20 refs.)

Place, publisher, year, edition, pages
1983. Vol. 30, no 4, p. 631-639
National Category
Reliability and Maintenance
Research subject
Quality Technology and Management
Identifiers
URN: urn:nbn:se:ltu:diva-3322Local ID: 121ea5a0-b3c1-11db-bf94-000ea68e967bOAI: oai:DiVA.org:ltu-3322DiVA, id: diva2:976179
Note
Godkänd; 1983; 20070124 (keni)Available from: 2016-09-29 Created: 2016-09-29 Last updated: 2017-11-24Bibliographically approved

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Klefsjö, Bengt

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