Replacement with Non-Constant Operating Cost,

Abstract

The long run average cost problem is considered in the case of a non-decreasing Markov wear process with failure determined by a random threshold. The method of analysis is to first consider the discounted problem and then let the discount factor go to zero.

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Document Details

Document Type
Technical Report
Publication Date
Jan 01, 1986
Accession Number
ADA175034

Entities

People

  • R. F. Anderson

Organizations

  • University of North Carolina at Charlotte

Tags

Communities of Interest

  • Materials and Manufacturing Processes

DTIC Thesaurus Topics

  • Air Force
  • Availability
  • Classification
  • Continuity
  • Distribution Functions
  • Functional Analysis
  • Markov Processes
  • Mathematics
  • New York
  • North Carolina
  • Notation
  • Probability
  • Random Variables
  • Security
  • Sequences
  • Stochastic Control
  • Universities

Readers

  • Operations Research
  • Statistical inference.