A novel optimal single machine replacement policy using a single as well as a two-stage decision making process is proposed based on the quality of items produced. In a stage of this policy, if the number of defective items in a sample of produced items is more than an upper threshold, the machine is replaced. However, the machine is not replaced if the number of defective items is less than ...

In this paper, we presented an optimal iterative decision rule for minimizing total cost in designing a sampling plan for machine replacement problem using the approach of dynamic programming and Bayesian inferences. Cost of replacing the machine and cost of defectives produced by machine has been considered in model. Concept of control threshold policy has been applied for decision making. If ...

This paper presents a method to find the optimal production, repair/replacement and preventive maintenance policies for a degraded manufacturing system. The system is subject to random machine failures and repairs. The status of the system is deemed to degrade with repair activities. When a failure occurs, the machine is either repaired or replaced, and a replacement action renews the machine, ...

In this paper, the single machine replacement problem is being modeled into the frameworks of stochastic dynamic programming and control threshold policy, where some properties of the optimal values of the control thresholds are derived. Using these properties and by minimizing a cost function, the optimal values of two control thresholds for the time between productions of two successive nonco...

The parallel machine replacement problem consists of finding a minimum cost replacement policy for a finite population of economically interdependent machines. In this paper, we formulate a stochastic version of the problem and analyze the structure of optimal policies under general classes of replacement cost functions. We prove that for problems with arbitrary cost functions, there can be opt...

This study aimed at presenting a method for formulating optimal production, repair and replacement policies. The system was based on the production rate of defective parts and machine repairs and then was set up to optimize maintenance activities and related costs. The machine is either repaired or replaced. The machine is changed completely in the replacement process, but the productio...

This paper presents a special case of integration of the preventive maintenance into the repair/replacement policy of a failure-prone system. The machine of the considered system exhibits increasing failure intensity and increasing repair times. To reduce the failure rate and subsequent repair times following a failure, there is an incentive to perform preventive maintenance on the machine befo...

age replacement policy is concerned with finding an optional time tominimize the cost, at which time the unit is replaced even if itdoes not fail. so far, age replacement policy involving random agehas been proposed. this paper will assume the age of the unit is anuncertain variable, and find the optimal time to replace the unit.

The trend in cache design research is towards finding the single optimum replacement policy that performs better than any other proposed policy by using all the useful criteria at once. However, due to the variety of workloads and system topologies it is daunting, if not impossible, to summarize all this information into one magical value using any static formula. We propose a workload and topo...