Optimal maintenance policy for stochastically failing equipment: A diffusion approximation
From MaRDI portal
Publication:3746635
DOI10.1002/nav.3800330311zbMath0607.60084OpenAlexW2027347138MaRDI QIDQ3746635
Publication date: 1986
Published in: Naval Research Logistics Quarterly (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1002/nav.3800330311
diffusion approximationrandom environmentmaintenance policycumulative damage levelshocks at random points of time
Reliability, availability, maintenance, inspection in operations research (90B25) Applications of renewal theory (reliability, demand theory, etc.) (60K10) Applications of Brownian motions and diffusion theory (population genetics, absorption problems, etc.) (60J70)
Related Items
Impulse control of a brownian inventory system with supplier uncertainty, A Multi-Stage Two-Machines Replacement Strategy Using Mixture Models, Bayesian Inference, and Stochastic Dynamic Programming, A condition based maintenance model for a two-unit series system
Cites Work