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| Author: | Berg, M. |
| Title: | The marginal cost analysis and its application to repair and replacement policies |
| Journal: | European Journal of Operational Research
1995 : APR 20, VOL. 82:2, p. 214-224 |
| Index terms: | OPERATIONAL RESEARCH POLICY MAINTENANCE |
| Language: | eng |
| Abstract: | The concern of this paper is twofold: (1) elaboration on the role of the marginal cost analysis method in the study and optimization of maintenance policies: (2) the study of a repair and replacement policy where the decision whether to repair a failed item or replace it is based on the repair costs: those encountered now and those anticipated in the future (the policy is an extension of another one which bases this decision solely on the present repair costs). |
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