A finite-horizon condition-based maintenance policy for a two-unit system with dependent degradation processes.
Bin LiuMahesh D. PandeyXiaolin WangXiujie ZhaoPublished in: Eur. J. Oper. Res. (2021)
Keyphrases
- finite horizon
- optimal policy
- infinite horizon
- single product
- optimal stopping
- markov decision processes
- sufficient conditions
- markov decision process
- inventory models
- control policies
- multistage
- inventory control
- decision problems
- state space
- yield management
- stochastic demand
- state dependent
- reinforcement learning
- dynamic programming
- lot size
- average cost
- finite state
- optimal control
- asymptotically optimal
- single item
- lost sales
- partially observable
- finite number
- periodic review
- expected reward
- ordering cost
- search space