Report
Optimal Replacement Policies for a Ballistic Missile
May 1, 1962
Format | File Size | Notes |
---|---|---|
PDF file | 1.7 MB | Use Adobe Acrobat Reader version 10 or higher for the best experience. |
Format | List Price | Price | |
---|---|---|---|
Add to Cart | Paperback53 pages | $23.00 | $18.40 20% Web Discount |
An examination of the optimal scheduling of replacement and inspectionfor missiles and other military equipment of a special type. The equipment is subject to stochastic failures and, for at least some of its parts, the actual state of the equipment — whether good or failed — is not known with certainty. Techniques are given for computing optimal inspection or replacement intervals: (1) under the assumption that the distribution of times to failure of the stochastically failing module is known, and (2) under the assumption that the form of the distribution is known but that the failure rate is unknown. A formal analogy is also demonstrated between minimization of cost and minimization of the proportion of downtime.
This report is part of the RAND Corporation Research memorandum series. The Research Memorandum was a product of the RAND Corporation from 1948 to 1973 that represented working papers meant to report current results of RAND research to appropriate audiences.
This document and trademark(s) contained herein are protected by law. This representation of RAND intellectual property is provided for noncommercial use only. Unauthorized posting of this publication online is prohibited; linking directly to this product page is encouraged. Permission is required from RAND to reproduce, or reuse in another form, any of its research documents for commercial purposes. For information on reprint and reuse permissions, please visit www.rand.org/pubs/permissions.
The RAND Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.