written 7.4 years ago by | • modified 7.4 years ago |
The following table gives probability distribution of failures observed for a certain type of light bulbs:
Week | 1 | 2 | 3 | 4 | 5 |
---|---|---|---|---|---|
% failed by the end of week | 5 | 10 | 25 | 35 | 25 |
There are 10,000 bulbs in use and it costs Rs. 20 to replace an individual bulb which has burnt out at the end of the week. If all bulbs are replaced simultaneously it would cost Rs. 14 per bulb. It is proposed to replace all bulbs at fixed interval of time, irrespective of their status and to continue replacing burnt out bulbs at the end of every week. At what interval should all the bulbs be replaced? What is the average cost of replacement if all the bulbs are replaced as per individual replacement policy? What is the optimal replacement policy?
Mumbai University > Mechanical Engineering > Sem 7 > Operations Research
Marks: 10 Marks
Year: Dec 2015