Channel Replacement Policy Using Subsethood and Supersethood Concepts under Type-2 Fuzzy Environment

Abstract

Decision theory is a branch of operations research which is used to take optimal decisions and so to arrive at optimal solution for that particular problem. Replacement theory deals with choosing optimal replacement policy for any equipment, in particular, in this paper, optimal replacement policy for a communication channel using subsethood and supersethood entropy concepts is discussed and is illustrated with a numerical example.