Optimal Control of Discrete and Continuous Time Maintenance Systems with Variable Service Rates
Wayne Winston
Additional contact information
Wayne Winston: Indiana University, Bloomington, Indiana
Operations Research, 1977, vol. 25, issue 2, 259-268
Abstract:
A maintenance system consists of o finite number of machines and a single-server repair facility that may be operated at several rates. Machines are subject to failure and machines that fail are sent to the repair facility. Under the assumption that costs depend on the repair rate and lost production, we derive conditions that ensure that, for a discrete time maintenance system, the optimal repair rate is a non-increasing function of the number of machines in good condition. By considering a continuous time maintenance system as a limit of a sequence of discrete time maintenance systems, we derive analogous conditions that ensure that the optimal repair rate for the continuous time maintenance system is a non-increasing function of the number of machines in good condition.
Date: 1977
References: Add references at CitEc
Citations: View citations in EconPapers (3)
Downloads: (external link)
http://dx.doi.org/10.1287/opre.25.2.259 (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:inm:oropre:v:25:y:1977:i:2:p:259-268
Access Statistics for this article
More articles in Operations Research from INFORMS Contact information at EDIRC.
Bibliographic data for series maintained by Chris Asher ().