Optimal Replacement with Semi-Markov Shock Models Using Discounted Costs

DOI10.1287/moor.2.1.78zbMath0401.90045OpenAlexW1981617897MaRDI QIDQ4186059

Richard M. Feldman

Publication date: 1977

Published in: Mathematics of Operations Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1287/moor.2.1.78

zbMATH Keywords

Discounted CostsOptimal ReplacementOptimal Stopping TheorySemi-Markov Shock Models

Mathematics Subject Classification ID

Minimax problems in mathematical programming (90C47) Reliability, availability, maintenance, inspection in operations research (90B25) Stopping times; optimal stopping problems; gambling theory (60G40) Reliability and life testing (62N05)

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An optimal state-age dependent replacement for a network system ⋮ Optimal maintenance of systems subject to deterioration of the renewal type ⋮ Determining the control limit policy in a replacement model with linear restoration ⋮ Optimal replacement policy for the case where the damage process is a one-sided Levy process ⋮ A replacement model for an additive damage model with restoration ⋮ A condition based maintenance model for a two-unit series system

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