Optimal Inspection and Maintenance Policy: Integrating a Continuous-Time Markov Chain into a Homing Problem

The state of a machine is modeled as a controlled continuous-time Markov chain. Moreover, the machine is being serviced at random times. The aim is to maximize the time until the machine must be repaired, while taking the maintenance costs into account. The dynamic programming equation satisfied by...

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Detalhes bibliográficos

Principais autores:	Mario Lefebvre, Roozbeh Yaghoubi
Formato:	Artigo
Idioma:	Inglês
Publicado em:	MDPI AG 2024-11-01
coleção:	Machines
Assuntos:	continuous-time Markov chain first-passage time homing problem dynamic programming inspection and preventive maintenance
Acesso em linha:	https://www.mdpi.com/2075-1702/12/11/795
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