| Article ID: | iaor19972261 |
| Country: | Germany |
| Volume: | 45 |
| Issue: | 1 |
| Start Page Number: | 133 |
| End Page Number: | 144 |
| Publication Date: | Jan 1997 |
| Journal: | Mathematical Methods of Operations Research (Heidelberg) |
| Authors: | Boshuizen F.A. |
This paper considers repair-replacement models introduced by Lam Yeh, and Stadje and Zuckerman. Without imposing ‘reliability theory’ conditions on the repair and operating distributions, the optimal replacement problem is first solved in a finite horizon setting and then extensions are given to the infinite horizon case.