Age Replacement with Discounting.

Bennett L. Fox

ResearchPublished 1965

A consideration of age replacement policy with continuous discounting. For known failure distribution, the principal results are for the case when the failure rate is continuous and strictly increasing to infinity. Also shown is what happens for small discount rate and, for unknown failure distribution, the minimax strategy is given. 9 pp.

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  • Copyright: RAND Corporation
  • Availability: Available
  • Year: 1965
  • Print Format: Paperback
  • Paperback Pages: 9
  • Paperback Price: $20.00
  • Document Number: P-3161

Citation

RAND Style Manual
Fox, Bennett L., Age Replacement with Discounting. RAND Corporation, P-3161, 1965. As of September 12, 2024: https://www.rand.org/pubs/papers/P3161.html
Chicago Manual of Style
Fox, Bennett L., Age Replacement with Discounting. Santa Monica, CA: RAND Corporation, 1965. https://www.rand.org/pubs/papers/P3161.html. Also available in print form.
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