A Markovian Replacement Model with a Generalization to Include Stocking

DOI10.1287/MNSC.15.11.702MaRDI QIDQ5606444zbMATH OpenOpenAlexFDO

Authors Sheldon M. Ross

Publication date 1969

Published in Management Science (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1287/mnsc.15.11.702

Mathematics Subject Classification ID

Reliability, availability, maintenance, inspection in operations research (90B25) Special processes (60K99) Markov and semi-Markov decision processes (90C40)

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(7)

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• Optimal implantable cardioverter defibrillator (ICD) generator replacement
• Hierarchic Markov processes and their applications in replacement models
• Optimal replacement policy for multicomponent systems: An application to a dairy herd
• Maintenance policies in markovian deterioration models of parallel unit systems
• Production-Inventory with Equipment Replacement—PIER
• \( \mathcal{H}_\infty \)/passive non-fragile synchronisation of Markovian jump stochastic complex dynamical networks with time-varying delays

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