Continuous quality production and machine maintenance
Charles S. Tapiero
Naval Research Logistics Quarterly, 1986, vol. 33, issue 3, 489-499
Abstract:
This paper formulates a problem of continuous quality production and maintenance of a machine. Quality is assumed to be a known function of the machine's (Markov diffusion process) degradation states. Applications to a specific quality function are used to obtain analytical solutions to an open‐loop and feedback stochastic control maintenance problem.
Date: 1986
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https://doi.org/10.1002/nav.3800330313
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Persistent link: https://EconPapers.repec.org/RePEc:wly:navlog:v:33:y:1986:i:3:p:489-499
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