Abstract
A group of n independent identical machines with exponential lifetimes is considered. Repair is made simultaneously for all failed machines. It is possible to observe the ‘state parameter', i.e. the number of operating machines. It is proved that for two types of critieria (minimal cost per time unit and maximal return per time unit) the optimal repair policy is of the following type: repair when the number of failed machines reaches some prescribed number .
Publisher
Cambridge University Press (CUP)
Subject
Applied Mathematics,Statistics and Probability
Cited by
27 articles.
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