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On a reliability problem by stochastic control methods

✍ Scribed by Dariusz Gatarek


Publisher
Elsevier Science
Year
1982
Tongue
English
Weight
226 KB
Volume
2
Category
Article
ISSN
0167-6911

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The Repair VS. Replacement problem: A st
✍ Pierre L'Ecuyer; Alain Haurie πŸ“‚ Article πŸ“… 2007 πŸ› John Wiley and Sons 🌐 English βš– 659 KB

This paper is concerned with a repair vs. replacement problem for a system observed in continuous time and subject to random failure. When the system fails, a decision is taken, based on the observed values of the (random) repair cost and the system's age, to either perform a minimal repair or to re