OPTIMAL REPLACEMENT MODEL FOR A DETERIORATING MACHINE.  

2015-07-10
This dissertation modeled a better replacement approach which optimized fuctions to determine the time for which the replacement of a machine is more economical. This is done by adding cost ...

OPTIMAL REPLACEMENT MODEL FOR A DETERIORATING MACHINE  

2015-07-07
Normally, all machines or machine components lifetime will go through three conditions, namely decreasing failure rale (DFR), constant failure rate (CFR), and increasing failure rate (IFR) Ebeling (1997). The ·critical ...