An optimal maintenance policy for machine replacement problem using dynamic programming

In this article, we present an acceptance sampling plan for machine replacement problem based on the backward dynamic programming model. Discount dynamic programming is used to solve a two-state machine replacement problem. We plan to design a model for maintenance by consid-ering the quality of th...

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Bibliographic Details
Main Authors: Mohsen Sadegh Amalnik, Morteza Pourgharibshahi
Format: Article
Language:English
Published: Growing Science 2017-06-01
Series:Management Science Letters
Subjects:
Online Access:http://www.growingscience.com/msl/Vol7/msl_2017_9.pdf