Nonparametric adaptive opportunity-based replacement strategies
(2006)
Journal Article
Coolen-Schrijner, P., Coolen, F., & Shaw, S. (2006). Nonparametric adaptive opportunity-based replacement strategies. Journal of the Operational Research Society, 57(1), 63-81. https://doi.org/10.1057/palgrave.jors.2601954
We consider opportunity-based age replacement (OAR) using nonparametric predictive inference (NPI) for the time to failure of a future unit. Based on n observed failure times, NPI provides lower and upper bounds for the survival function for the time... Read More about Nonparametric adaptive opportunity-based replacement strategies.