EQUIPMENT REPLACEMENT WITH CONSIDERATION OF TECHNOLOGICAL ADVANCES : DETERMINATION OF REPLACEMENT TIMES BY CONTROL LIMIT POLICY

DOI10.15807/jorsj.31.389zbMath0657.90040OpenAlexW407474732MaRDI QIDQ3806964

Hisatoshi Suzuki, Yasuo Kusaka

Publication date: 1988

Published in: Journal of the Operations Research Society of Japan (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.15807/jorsj.31.389

zbMATH Keywords

finite planning horizonoptimal policyControl Limit Policyeffective replacement decision system in management

Mathematics Subject Classification ID

Reliability, availability, maintenance, inspection in operations research (90B25)

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