Surveillance problems

I. Richard Savage

Naval Research Logistics Quarterly, 1962, vol. 9, issue 3‐4, 187-209

Abstract: This paper presents a detailed discussion of an economic model for the surveillance of a production process; it also presents optimal policies for making inspections of and adjustments to the process, which is characterized by a tendency to deteriorate after each adjustment. Some of the conclusions are for general processes, and, on the other hand, the more specific results are for Poisson processes.

Date: 1962
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https://doi.org/10.1002/nav.3800090304

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Persistent link: https://EconPapers.repec.org/RePEc:wly:navlog:v:9:y:1962:i:3-4:p:187-209

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