This is the program for the 2010 Joint Statistical Meetings in Vancouver, British Columbia.
Abstract Details
Activity Number:
|
679
|
Type:
|
Contributed
|
Date/Time:
|
Thursday, August 5, 2010 : 10:30 AM to 12:20 PM
|
Sponsor:
|
Section on Quality and Productivity
|
Abstract - #306471 |
Title:
|
Optimal Age Replacement Time with Minimal Repair Based on Cumulative Repair-Cost Limit for a System Subjected to Shocks
|
Author(s):
|
Shey-Huei Sheu*+ and Chin-Chih Chang and Yu-Hung Chien
|
Companies:
|
Providence University and Providence University and National Taichung Institute of Technology
|
Address:
|
200 Chung Chi Road, Taichung, 43301, Taiwan
|
Keywords:
|
Maintenance ;
Minimal repair ;
Replacement policy ;
Cumulative repair-cost limit ;
Age-replacement
|
Abstract:
|
A system is subject to shocks that arrive according to a NHPP. As these shocks occur, the system experiences one of two types of failures: a type-I failure (minor), rectified by a minimal repair; or a type-II failure (catastrophic) that calls for a replacement. In this article, we consider an age-replacement model with minimal repair based on a cumulative repair-cost limit, whose concept uses information about a system's entire repair-cost history. Under such a policy, the system is replaced preventively at age T, or at the k-th type-I failure at which the accumulated repair cost exceeds the pre-determined limit, or at the first type-II failure, whichever occurs first. The minimum-cost replacement policy is studied by showing its existence, uniqueness, and the structural properties. Our model is a generalization of several classical models in maintenance literature.
|
The address information is for the authors that have a + after their name.
Authors who are presenting talks have a * after their name.
Back to the full JSM 2010 program
|
2010 JSM Online Program Home
For information, contact jsm@amstat.org or phone (888) 231-3473.
If you have questions about the Continuing Education program, please contact the Education Department.