Optimal control and replacement with state-dependent failure rate: An invariant measure approach

DOI10.1214/aoap/1177005430zbMath0781.93098MaRDI QIDQ687697

Richard H. Stockbridge, Arthur C. Heinricher

Publication date: 28 October 1993

Published in: The Annals of Applied Probability (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1214/aoap/1177005430

zbMATH Keywords

iterative scheme; optimal solution; stochastic control problems

Mathematics Subject Classification ID

90C05: Linear programming

90B25: Reliability, availability, maintenance, inspection in operations research

60G35: Signal detection and filtering (aspects of stochastic processes)

93E20: Optimal stochastic control

60G44: Martingales with continuous parameter

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