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Optimal Replacement Policy For A Multistate Degenerative System Using Partial Sum Process With Varying Cost Structures

Year: 2025

Type: article

Abstract: This paper investigates the maintenance problem of a multistate degenerative system with k -working states and l -failure states. The long-run average cost for a multistate degenerative system under the replacement policy T, where ???? is the working age of the system with varying cost structures are dervied. Additionally, optimality conditions is derived to guide the determination of cost-effective replacement strategies.

Source: Advances in Nonlinear Variational Inequalities

DOI: 10.52783/anvi.v28.4422

Author: I. Ashwini

Institution: Thiruvalluvar University

Language: English

Topic: Reliability and Maintenance Optimization

Subfield: Safety, Risk, Reliability and Quality

Field: Engineering

Domain: Physical Sciences

Open Access status: diamond

OpenAlex ID: W4409083172

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