Maintaining an asset with life-limited parts, e.g., a jet engine or an electric generator, may be costly. Certain costs, e.g., setup cost, can be shared if some parts of the asset ...
Tao Sun, Qianchuan Zhao, Peter B. Luh, Robert N. T...
Abstract— Replacement policies for general caching applications and Web caching in particular have been discussed extensively in the literature. Many ad-hoc policies have been pr...
An increase in the performance of deteriorating systems can be achieved through the adoption of suitable maintenance policies. One of the most popular maintenance policies is the ...
In this study, an adaptive Bayesian decision model is developed to determine the optimal replacement age for the systems maintained according to a general age replacement policy. I...