Optimal surveillance of a failure system

Optimal surveillance of a failure system

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Article ID: iaor20013798
Country: Netherlands
Volume: 91
Start Page Number: 281
End Page Number: 287
Publication Date: Aug 1999
Journal: Annals of Operations Research
Authors: ,
Keywords: inspection
Abstract:

For a system subject to breakdown at some random time, two continuous surveillance plans are available, differing in efficiency and cost. The controller is allowed to switch from one plan to the other at any time. We find the optimal surveillance strategy in closed form and apply this result in some examples.

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