Joint optimal inspection and inventory for a k-out-of-n system.

Erik T. S. Bjarnason Sharareh Taghipour Dragan Banjevic

Published in: Reliab. Eng. Syst. Saf. (2014)

Keyphrases

joint optimization
joint replenishment
dynamic programming
optimal solution
closed form
decision making
lead time
state dependent
single item
worst case
optimal design
inventory level
setup cost