Determining the control limit policy in a replacement model with linear restoration

DOI10.1016/0167-6377(91)90006-BzbMath0738.60089OpenAlexW2023363819WikidataQ113104902 ScholiaQ113104902MaRDI QIDQ1180842

David Perry, Morton J. M. Posner

Publication date: 27 June 1992

Published in: Operations Research Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0167-6377(91)90006-b

zbMATH Keywords

cost minimizationcontrol limit policydamage processreplacement modelmartingale stopping theorem

Mathematics Subject Classification ID

Reliability, availability, maintenance, inspection in operations research (90B25) Applications of renewal theory (reliability, demand theory, etc.) (60K10)

Related Items (3)

Stochastic models for broker inventory in dealership markets with a cash management interpretation. ⋮ A correlated \(M/G/1\)-type queue with randomized server repair and maintenance modes ⋮ Optimal maintenance strategies for systems with partial repair options and without assuming bounded costs

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• Maintenance Policies for Stochastically Failing Equipment: A Survey

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