Optimal inspection policy for a multi-unit machine

DOI10.2307/3214412MaRDI QIDQ4732012zbMATH OpenOpenAlexFDO

Authors Dror Zuckerman

Publication date 1989

Published in Journal of Applied Probability (Search for Journal in Brave)

Full work available at URL https://doi.org/10.2307/3214412

zbMATH Keywords

inspection timecost ratemulti-unit systemexponentially distributed life timelong-run average net incomeoptimal inspection process strategytotal expected discounted net income

Mathematics Subject Classification ID

Reliability and life testing (62N05) Reliability, availability, maintenance, inspection in operations research (90B25) Applications of renewal theory (reliability, demand theory, etc.) (60K10)

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• Optimal capacity and operation of deteriorating chemical production service facilities
• A random walk model for a multi-component deteriorating system
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• An Optimal Complete Inspection Plan for Critical Multicharacteristic Components
• Suboptimal inspection policies for imperfectly observed realistic systems
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• A simple algorithm to determine the optimal inspection interval

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