Replacement decisions with maintenance under uncertainty: an imbedded optimal control model
dc.citation.epage | 794 | en_US |
dc.citation.issueNumber | 5 | en_US |
dc.citation.spage | 785 | en_US |
dc.citation.volumeNumber | 52 | en_US |
dc.contributor.author | Dogramaci, A. | en_US |
dc.contributor.author | Fraiman, N. M. | en_US |
dc.date.accessioned | 2016-02-08T10:26:09Z | |
dc.date.available | 2016-02-08T10:26:09Z | |
dc.date.issued | 2004 | en_US |
dc.department | Department of Industrial Engineering | en_US |
dc.description.abstract | How should a manager make replacement decisions for a chain of machines over time if each is maintained by an optimal control model addressing uncertainty of machine breakdowns? A network representation of the problem involves arcs with interdependent costs. A solution algorithm is presented and replacement considerations under technological change are incorporated into a well-known optimal control model for maintenance under uncertainty (that of Kamien and Schwartz 1971). The method is illustrated by an example. | en_US |
dc.identifier.doi | 10.1287/opre.1040.0133 | en_US |
dc.identifier.eissn | 1526-5463 | |
dc.identifier.issn | 0030-364X | |
dc.identifier.uri | http://hdl.handle.net/11693/24231 | |
dc.language.iso | English | en_US |
dc.publisher | Institute for Operations Research and the Management Sciences (I N F O R M S) | en_US |
dc.relation.isversionof | http://dx.doi.org/10.1287/opre.1040.0133 | en_US |
dc.source.title | Operations Research | en_US |
dc.subject | Dynamic programming/optimal control: models | en_US |
dc.subject | Facilities/equipment planning: maintenance/replacement | en_US |
dc.subject | Inventory/production policies: maintenance/replacement | en_US |
dc.subject | Reliability: replacement/renewal | en_US |
dc.title | Replacement decisions with maintenance under uncertainty: an imbedded optimal control model | en_US |
dc.type | Article | en_US |
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