GRAPHICAL APPROACH TO REPLACEMENT POLICY OF A K-OUT-OF-N SYSTEM SUBJECT TO SHOCKS

摘要

This paper deals with the problem of determining an optimal age replacement by incorporating minimal repair, planned replacement, and unplanned replacement into a k-out-of-n system subject to shocks. In particular, two kinds of solution procedures are discussed to obtain the optimal replacement age, one is a straightforward procedure, and the other is a graphical approach based on the Total Time on Test (TTT) concept. A statistical solution procedure for estimating the optimal replacement time is proposed, and the optimal policies are obtained directly from real data.