• WAKIL KUMAR
• Dr. ASHISH KUMAR JHA

This paper discusses the replacement of item in discrete schedules, involving minor repair with discounting rate. In my study, it was observed that for some or other reason, a running system cannot be replaced at fixed time length. The ideal time of replacement of system may be some weeks, some months, some years and so on. This paper focuses on replacement of items at ideal time with discrete discount rate and summarises explicit expression of replacement of machine on discounted discrete schedules in three stages of failure. The assumption in my study is that the replacement or repair of items at scheduled time is NT (N= 1, 2, 3, --------.) for fixed T > 0 involving minimal repair with discounting rate β > 0. For theoretical result, a numerical example has been provided.

Replacement, Repair, Discrete, Discounted, Optimal, Stage.

"SCHEDULED REPLACEMENT OF ITEMS IN DIFFERENT STAGES OF FAILURE WITH MINIMAL REPAIR AND DISCOUNTING RATE", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.9, Issue 5, page no.f451-f462, May-2022, Available :http://www.jetir.org/papers/JETIR2205665.pdf

"SCHEDULED REPLACEMENT OF ITEMS IN DIFFERENT STAGES OF FAILURE WITH MINIMAL REPAIR AND DISCOUNTING RATE", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.9, Issue 5, page no. ppf451-f462, May-2022, Available at : http://www.jetir.org/papers/JETIR2205665.pdf