Optimal maintenance policy in a multistate deteriorating standby system.

Chung-Chi Hsieh Kuo-Chang Chiu

Published in: Eur. J. Oper. Res. (2002)

Keyphrases

replacement policy
optimal production
production process
asymptotically optimal
dynamic programming
allocation policy
state dependent
markov decision
worst case
markov decision processes
closed form
software maintenance
action selection
poisson process
dynamic pricing