OPTIMAL RANDOMIZED REPLACEMENT UNDER MARKOVIAN DETERIORATION.
Abstract
The nature of the optimal replacement rules for a system subject to Markovian deterioration and failure is studied. It is shown that under a generalized aging property a randomized control limit rule maximizes the expected cycle length of the system subject to an upper bound on the probability of failure. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Apr 15, 1965
- Accession Number
- AD0614120
Entities
People
- Peter J. Kolesar
Organizations
- Columbia University