| Article ID: | iaor20082208 |
| Country: | United States |
| Volume: | 54 |
| Issue: | 6 |
| Start Page Number: | 645 |
| End Page Number: | 655 |
| Publication Date: | Sep 2007 |
| Journal: | Naval Research Logistics |
| Authors: | Maillart Lisa M., Zheltova Ludmila |
We examine the problem of adaptively scheduling perfect observations and preventive replacements for a multi-state, Markovian deterioration system with silent failures such that total expected discounted cost is minimized. We model this problem as a partially observed Markov decision process and show that the structural properties of the optimal policy hold for certain non-extreme sample paths.