Contributions to the renewal theory of the things in operation. (English) Zbl 0583.60089

Commentat. Math. Univ. Carol. 26, p. 839 (1985).
Abstract of a thesis dealing with the preventive replacement of machine parts in the case, when the distribution function F(x) of their failure times is specified excepting an unknown parameter \(\alpha\). Optimality of the policy consists of minimization of the average cost \(t^{-1}C_ t\).


60K10 Applications of renewal theory (reliability, demand theory, etc.)
90B25 Reliability, availability, maintenance, inspection in operations research