search query: @freeterm Markov chains / total: 1
reference: 1 / 1
« previous | next »
| Author: | Yeh, R. H. Ho, W-T. Tseng, S-T. |
| Title: | Optimal production run length for products sold with warranty |
| Journal: | European Journal of Operational Research
2000 : FEB, VOL. 120:3, p. 575-582 |
| Index terms: | Production Optimization Guarantees |
| Freeterms: | Markov chains |
| Language: | eng |
| Abstract: | This article studies the optimal production run length for a deteriorating production system in which the products are sold with free minimal repair warranty. The deterioration process of the system is characterized by a two-state continuous-time Markov chain. For products sold with free minimal repair warranty, it is shown that there exists a unique optimal production run length such that the expected total cost per item is minimized. |
« previous | next »
SCIMA