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A note on optimal inspection policy for stochastically deteriorating series systems

Published online by Cambridge University Press:  14 July 2016

Yuping Qiu*
Affiliation:
US West Advanced Technologies
*
∗ Postal address: Department of Science and Technology, US West Advanced Technologies, 4001 Discovery Drive, Suite 280, Boulder CO 80303, USA.

Abstract

A counterexample is given to demonstrate that a previously proposed characterization of optimal inspection policy for series systems is not correct in the discounted case. A set of valid necessary conditions is provided which leads to the characterization of optimality for a special case. The limiting case of these necessary conditions is also examined.

Information

Type
Short Communications
Copyright
Copyright © Applied Probability Trust 1991 

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