Technical Note—A Note on Quality Control under Markovian Deterioration
John S. Hughes
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John S. Hughes: Duke University, Durham, North Carolina
Operations Research, 1980, vol. 28, issue 2, 421-424
Abstract:
This note reformulates a two-action, two-state sequential quality control model as a renewal problem leading to a one-dimensional search as a solution method in place of the backward induction method of dynamic programming.
Date: 1980
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Persistent link: https://EconPapers.repec.org/RePEc:inm:oropre:v:28:y:1980:i:2:p:421-424
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