Determining the optimal production–maintenance policy of a parallel production system with stochastically interacted yield and deterioration
Nan Zhang, Kaiquan Cai, Yingjun Deng, Jun Zhang
Topics & Concepts
Production (economics)Component (thermodynamics)Optimal maintenancePreventive maintenanceScheduleProduction scheduleTime horizonMarkov processMathematical optimizationMarkov decision processMarkov chainYield (engineering)Production planningOperations researchReliability engineeringComputer scienceProcess (computing)MathematicsEngineeringEconomicsMicroeconomicsStatisticsOperating systemPhysicsMaterials scienceThermodynamicsMachine learningMetallurgyReliability and Maintenance OptimizationAdvanced Queuing Theory AnalysisManagement and Optimization Techniques