Tekijä: | Chen, M. Feldman, R. |
Otsikko: | Optimal replacement policies with minimal repair and age-dependent costs |
Lehti: | European Journal of Operational Research
1997 : APR 1, VOL. 98:1, p. 75-84 |
Asiasana: | OPERATIONAL RESEARCH MANAGEMENT COST VARIANCE |
Kieli: | eng |
Tiivistelmä: | In this paper, the authors study a modified minimal repair/replacement problem that is formulated as a Markov decision process. The operating cost is assumes to be a nondecreasing function of the system's age. The specific maintenance actions for a manufacturing system to be considered are whether to have replacement, minimal repair or keep it operating. It is shown that a control limit policy, or in particular a (t, T) policy, is optimal over over the space of all possible policies under the discounted cost criterion. |
SCIMA