Cost models are developed to show the relationship
between inventory and maintenance policies when one component
of one item of equipment is replaced in accordance with the
maintenance policy and the components are stocked in accordance
with the inventory policy. A (Q,r) inventory policy and
failure replacement and age replacement maintenance policies
are used. The necessary conditions for determining optimum
values of the reorder quantity, the reorder point, and time
to replacement are derived.http://archive.org/details/relationshipbetw00hearLieutenant Colonel, United States Marine CorpsApproved for public release; distribution is unlimited