Hibernation durations for chain of machines with maintenance under uncertainty
Hartl, R. F.
231 - 238
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Optimal control and dynamic games
Advances in Computational Management Science;
Maintenance of a machine and its replacements by newer ones in the course of a predetermined planning horizon with fixed intermediate dates for potential replacement opportunities is considered. Using the Kamien-Schwartz optimal control model for maintenance, allowance for ceasing of production until installation of a new machine is studied with respect to regeneration points.