A Note on Age Replacement
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This note discusses more explicitly an age replacement policy suggested by Barlow and Proschan and gives a few useful results. It shows that several different problems can be reduced to the typical age replacement problem, and gives numerical examples.
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[2] R. Barlow,et al. Optimum Preventive Maintenance Policies , 1960 .
[3] Bennett Fox,et al. Letter to the Editor - Age Replacement with Discounting , 1966, Oper. Res..