A study on an optimal replacement policy for a deteriorating system under partial product process
- Replacement, Poisson process, Geometric repair process, δ−shock model, Finite search.
In this paper, we consider an optimal maintenance policy for a reparable deteriorating system subject to random shocks. For a reparable deteriorating system, the repair time by a partial product process and the failure mechanism by a generalized δshock process. Develop an explicit expression of the ling run average cost per unit time under N policy is studied.