Improving classical optimal age-replacement policies for degrading items
Maxim Finkelstein, Ji Hwan, Amy Langston
Topics & Concepts
PostponementGamma processDegradation (telecommunications)Process (computing)Poisson processComputer scienceHomogeneousReliability engineeringReduction (mathematics)ObservableStochastic processMathematical optimizationOperations researchPoisson distributionMathematicsEngineeringOperations managementStatisticsGeometryOperating systemCombinatoricsTelecommunicationsPhysicsQuantum mechanicsReliability and Maintenance OptimizationStatistical Distribution Estimation and ApplicationsLife Cycle Costing Analysis