A stochastic dynamic programming approach for the machine replacement problem
Ali Forootani, Majid Ghaniee Zarch, Massimo Tipaldi, Raffaele Iervolino
Topics & Concepts
Computer scienceMathematical optimizationMarkov decision processCurse of dimensionalityDynamic programmingState spaceStochastic programmingAlgorithmMarkov processMathematicsArtificial intelligenceStatisticsReliability and Maintenance OptimizationSupply Chain and Inventory ManagementAdvanced Battery Technologies Research