A replacement model with general age-dependent failure rates

DOI10.1016/S0378-3758(97)83639-7zbMath0892.60052OpenAlexW2089058173MaRDI QIDQ1361676

Frans A. Boshuizen

Publication date: 20 July 1998

Published in: Journal of Statistical Planning and Inference (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/s0378-3758(97)83639-7

zbMATH Keywords

dynamic programmingoptimal stoppingrepairable systemsstopping timescontinuous-time Markov processoptimal replacement rules

Mathematics Subject Classification ID

Stopping times; optimal stopping problems; gambling theory (60G40)

Cites Work

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• Point processes and queues. Martingale dynamics
• Imperfect repair
• Optimal strategies for some repair replacement models
• Age-dependent minimal repair
• An optimal repairable replacement model for deteriorating systems
• General optimal stopping theorems for semi-Markov processes

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