BIVARIATE OPTIMAL REPLACEMENT POLICY FOR A DETERIORATING REPAIRABLE SYSTEM USING ARITHEMETICO- GEOMETRIC PROCESS (AGP)

Journal Title: PARIPEX-Indian Journal of Research - Year 2019, Vol 8, Issue 5

Abstract

This paper studies an optimal bivariate replacement policy for a deteriorating repairable system by assuming that the successive operating times of the system form - a decreasing Arithmetico-Geometric Process (AGP) while the successive repair times of the system form - an increasing AGP. Under these assumptions we study an optimal replacement policy (T N) for a cold standby repairable system under which we replace the system when the operating time of component 1 reaches T and the number of repairs of component 1 reaches N whichever occurs first. Under some conditions, an explicit expression C(N) for the long run average cost per unit time of the system is derived and determined corresponding optimal replacement N* such that the long run average cost is minimum. Finally numerical results are provided to highlight the theoretical results.

Authors and Affiliations

Dr. B. Venkata Ramudu, P. Adisekhara Reddy

Keywords

Related Articles

Self Reported Practice Regarding Home Care Management Among Patients Undergoing Hemodialysis With A View to Prepare an Informational Booklet.

Patients with ESRD undergo a complex treatment regimen involving dialysis and a wide range of dietary restriction and lifestyle changes which affects their social and psychological functioning. So it is important to expl...

A Study on Customer Service Quality of Banks in Tamilnadu

Bank plays an important role in the economic development of a country. The banking industry in India is facing certain challenges i.e. challenges of quality service, customer satisfaction, customer retention, customer lo...

FACTORS TO CONSIDER IN ORTHODONTIC TREATMENTS OF PATIENTS WITH MOLAR INCISOR HYPOMINERALIZATION PATTERN

Molar incisor hypomineralization (MIH) is an alteration of the calcification, which affects one or more permanent first molars and one or more incisors, where are three levels of severity. The treatment of teeth with MIH...

Assessment of certain socio-demographic and other factors for the need of orthodontic treatment among 7-18 years old children from Plovdiv, Bulgaria

Aim: The aim of the study is to determine the socio-demographic and other factors that influence the need of orthodontic treatment. Discussion about orthodontic treatment stresses on the importance of timely information...

Associate Professor, Department of Anaesthesiology, ACS Medical College & Hospital, Chennai, Tamilnadu, India

Introduction: Low back pain is one of the most common presenting complaint encountered by physicians. Reaching to an accurate diagnosis and alleviating patient’s pain is prime. Aim: To evaluate the causes of low back pai...

Download PDF file
  • EP ID EP586784
  • DOI -
  • Views 64
  • Downloads 0

How To Cite

Dr. B. Venkata Ramudu, P. Adisekhara Reddy (2019). BIVARIATE OPTIMAL REPLACEMENT POLICY FOR A DETERIORATING REPAIRABLE SYSTEM USING ARITHEMETICO- GEOMETRIC PROCESS (AGP). PARIPEX-Indian Journal of Research, 8(5), 34-38. https://europub.co.uk/articles/-A-586784