Optimal replacement policy with stochastic maintenance and operation costs

DOI10.1016/0377-2217(90)90317-5zbMath0689.90040OpenAlexW2037348325MaRDI QIDQ582201

Meng-Hua Ye

Publication date: 1990

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

Full work available at URL: https://doi.org/10.1016/0377-2217(90)90317-5

zbMATH Keywords

Wiener processoptimal stoppingstochastic processmaintenanceequipment replacementexpected total discounted cost

Mathematics Subject Classification ID

Reliability, availability, maintenance, inspection in operations research (90B25) Stopping times; optimal stopping problems; gambling theory (60G40)

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Cites Work

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