A Monotone Process Maintenance Model for a Multistate System
2005 ◽
Vol 42
(01)
◽
pp. 1-14
◽
Keyword(s):
Long Run
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In this paper, we study a monotone process maintenance model for a multistate system with k working states and ℓ failure states. By making different assumptions, we can apply the model to a multistate deteriorating system as well as to a multistate improving system. We show that the monotone process model for a multistate system is equivalent to a geometric process model for a two-state system. Then, for both the deteriorating and the improving system, we analytically determine an optimal replacement policy for minimizing the long-run average cost per unit time.
2005 ◽
Vol 42
(1)
◽
pp. 1-14
◽
2021 ◽
pp. 149-152
2004 ◽
Vol 53
(4)
◽
pp. 452-457
◽
1990 ◽
Vol 22
(02)
◽
pp. 494-497
◽
2021 ◽
Vol 12
(11)
◽
pp. 1880-1885
2011 ◽
Vol 42
(12)
◽
pp. 2021-2034
◽
Keyword(s):