Vol. 8 No. 2 (2024): Vol 8, Iss 2, Year 2024
Articles
Published
October 4, 2024
Keywords
- Partial Sum Process, Replacement Policy, Renewal Reward Process, Shock models
How to Cite
Ashwini I, Zahiruddeen, & Rizwan U. (2024). A Bivariate Replacement Policy for an Extreme Shock Maintenance Model under Partial Sum Process. Journal of Computational Mathematica, 8(2), 31 - 51. https://doi.org/10.26524/cm194
Abstract
A study on a degenerative simple repairable system under an extreme shock maintenance model has yielded explicit expressions for the long-run average cost using a bivariate replacement policies (T, N),( T+,N),(U, N),(U-,N).Moreover, the research has established the existence of an optimal conditions that minimizes costs.
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