An Optimal Ordering and Replacement Policy of a Markovian Deterioration System

@inproceedings{Kawai2009AnOO,
  title={An Optimal Ordering and Replacement Policy of a Markovian Deterioration System},
  author={Hideki Kawai},
  year={2009}
}
UNDER INCOMPLETE OBSERVATION PART n Hajime Kawai University of Osaka Prefecture (Received July 6, 1982; Revised June 29, 1983) We consider an optimal ordering and replacement policy of a discrete time Markovian deterioration system when the observation of the system is incomplete. The problem is to examine the structure of an optimal policy which minimizes the total expected discounted cost in an infinite time span. Formulating by a Markovian decision process, the optimality of a monotone… CONTINUE READING

From This Paper

Topics from this paper.
2 Citations
9 References
Similar Papers

Citations

Publications citing this paper.

References

Publications referenced by this paper.
Showing 1-9 of 9 references

Minimum Cost Replacement under Markovian Deterioration

  • P. Koleasar
  • IEEE Transactions on Reliability
  • 1979

The Optimal Control of Pratially Observable Markov Processes over an Infinite Horizon

  • R. D. Smallwood, E. J. Sondik
  • Operations Research
  • 1976

Optimal Ordering and Replacement for a Iunit System

  • H. Mine, H. Kawai
  • Management Science
  • 1973

Optimum Ordering Policies with Two kinds of Lead Times and Nonlinear Ordering Costs

  • N. Kaio, S. Osaki
  • Operations Research
  • 1968

Optimal Control of Markovian Processes with Incomplete State Observation

  • C. Derman
  • Journal of Mathematical Analysis and Applications
  • 1965

Similar Papers

Loading similar papers…