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Inspection and maintenance policies of devices subject to deterioration

Published online by Cambridge University Press:  01 July 2016

Mohamed Abdel-Hameed*
Affiliation:
Kuwait University
*
Postal address: Department of Mathematics, Kuwait University, P.O. Box 5969, 13060 Safat, Kuwait.

Abstract

We determine the optimal inspection policy of a system subject to deterioration. The deterioration is assumed to be an increasing pure jump Markov process. The criteria used for optimality is the long-run average cost per unit of time.

Type
Research Article
Copyright
Copyright © Applied Probability Trust 1987 

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Footnotes

Research supported by Kuwait University Grant SM 047.

References

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