On the delayed worse-than-minimal repair model and its application to preventive replacement

Ji Hwan Cha, Maxim Finkelstein, Gregory Levitin

Research output: Contribution to journalArticlepeer-review

4 Scopus citations

Abstract

Minimal repair and other imperfect repair models have been intensively studied in the literature. Much less attention has been payed to the 'worse than minimal' repair problem, although it often occurs in practice due to the adverse effects of previous repairs, environmental and internal shocks, etc. To model this type of repair, we define a new point process that behaves as the non-homogeneous Poisson process up to a certain event or time (minimal repairs) and then it becomes the generalized Polya process of repairs (worse than minimal repairs). The corresponding replacement policy is defined and the optimal solutions that minimize the long run expected cost rate are analyzed. The replacement can be executed univariately either after the given time T or the given number of repairs (on the k-th failure). Moreover, the system can be also replaced by implementing the bivariate strategy, that is, after the time T or on the k-th failure, whichever comes first. The detailed numerical examples illustrate our findings. It is shown that the k-strategy outperforms the T -strategy (lower cost rates), whereas the bivariate strategy is not worse than the best univariate strategy.

Original languageEnglish
Pages (from-to)101-122
Number of pages22
JournalIMA Journal of Management Mathematics
Volume34
Issue number1
DOIs
StatePublished - 1 Jan 2023

Bibliographical note

Funding Information:
The work of the first author was supported by Basic Science Research Program through the National Research Foundation of Korea (NRF) funded by the Ministry of Education (Grant Number: 2019R1A6A1A11051177).

Publisher Copyright:
© 2021 The Author(s).

Keywords

  • generalized Polya process
  • long-run expected cost rate
  • minimal repair
  • optimal replacement
  • worse than minimal repair

Fingerprint

Dive into the research topics of 'On the delayed worse-than-minimal repair model and its application to preventive replacement'. Together they form a unique fingerprint.

Cite this