Optimal Allocation of Resources in Systems.
Abstract
In the design of a new system, or the maintenance of an old system, allocation of resources is of prime consideration. In allocating resources, it is often beneficial to develop a solution that yields an optimal value of the system measure of desirability. In the context of the problems considered in this paper, the resources to be allocated are components already produced (assembly problems) and money (allocation in the construction or repair of systems). The measure of desirability for system assembly will usually be maximizing the expected number of systems that perform satisfactorily and the measure in the allocation context will be maximizing the system reliability. Results are presented for these two types of general problems in both a sequential (when appropriate) and non-sequential context.
Document Details
- Document Type
- Technical Report
- Publication Date
- Oct 01, 1974
- Accession Number
- ADA001126
Entities
People
- C. Derman
- G. J. Lieberman
- S. M. Ross
Organizations
- University of California, Berkeley