A chance-constrained net revenue model for online dynamic predictive maintenance decision-making
Guannan Shi, Xiaohong Zhang, Jianchao Zeng, Haitao Liao, Hui Shi, Huifang Niu, Jinhe Wang
Topics & Concepts
RevenueDynamic programmingComputer scienceOperations researchMathematical optimizationBellman equationNet present valueMarkov decision processPresent valueFunction (biology)Optimal decisionNet profitDecision modelBayesian probabilityProcess (computing)EngineeringProduction (economics)Markov processMathematicsMachine learningArtificial intelligenceEconomicsDecision treeStatisticsFinanceProfit (economics)Operating systemMicroeconomicsMacroeconomicsEvolutionary biologyBiologyAccountingReliability and Maintenance OptimizationStatistical Distribution Estimation and ApplicationsAdvanced Statistical Process Monitoring