Two Discrete-time Age-based Replacement Problems with/without Discounting
This paper considers two classical age-based replacement models within a discrete-time framework: a standard age replacement model and an opportunistic age replacement model. Specifically, our analysis incorporates the concept of replacement priority in situations where failure replacement and preve...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Ram Arti Publishers
2024-06-01
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| Series: | International Journal of Mathematical, Engineering and Management Sciences |
| Subjects: | |
| Online Access: | https://www.ijmems.in/cms/storage/app/public/uploads/volumes/21-IJMEMS-23-0280-9-3-385-410-2024.pdf |