Optimal length of lease period and maintenance policy for leased equipment with a control-limit on age.
Ruey Huei YehWen Liang ChangHui-Chiung LoPublished in: Math. Comput. Model. (2011)
Keyphrases
- control policy
- optimal control
- control policies
- stochastic control
- asymptotically optimal
- optimal capacity
- control system
- optimal policy
- stochastic demand
- optimal solution
- dynamic programming
- replacement policy
- expected cost
- markov decision
- preventive maintenance
- holding cost
- worst case
- control problems
- software maintenance
- control method
- allocation policy
- average cost
- state dependent
- neural network
- control strategy
- sufficient conditions
- learning algorithm