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A generalized model for jointly determining the optimal ordering point and the optimal number of minimal repairs before replacement.
Shey-Huei Sheu
Published in:
Int. J. Syst. Sci. (1997)
Keyphrases
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formal model
objective function
optimal solution
probabilistic model
parameter estimation
database
inventory policy
worst case
determine the optimal number
lot size
finite horizon
parameter values
statistical model
theoretical framework
probability distribution
cost function
similarity measure