Time and inventory dependent optimal maintenance policies for single machine workstations: an MDP approach

DOI10.1016/j.ejor.2013.02.011zbMath1317.90017OpenAlexW2152645069MaRDI QIDQ2355105

Juan S. Borrero, Raha Akhavan-Tabatabaei

Publication date: 28 July 2015

Published in: European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.ejor.2013.02.011

zbMATH Keywords

dynamic programmingreliabilitystochastic processesMarkov processesmaintenance

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Reliability, availability, maintenance, inspection in operations research (90B25) Inventory, storage, reservoirs (90B05) Dynamic programming (90C39) Markov and semi-Markov decision processes (90C40)

Related Items (10)

Cost analysis for multi-component system with failure interaction under renewing free-replacement warranty ⋮ Two models of inventory system with stochastic demand and deteriorating items: case study of a local cheese factory ⋮ Multi-machine preventive maintenance scheduling with imperfect interventions: a restless bandit approach ⋮ Optimizing block-based maintenance under random machine usage ⋮ A review on maintenance optimization ⋮ Joint condition-based maintenance and inventory optimization for systems with multiple components ⋮ A novel optimal preventive maintenance policy for a cold standby system based on semi-Markov theory ⋮ Analysis of customer lifetime value and marketing expenditure decisions through a Markovian-based model ⋮ Dynamic dispatching and preventive maintenance for parallel machines with dispatching-dependent deterioration ⋮ Time and inventory dependent optimal maintenance policies for single machine workstations: an MDP approach

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