Joint optimization of ordering and maintenance with condition monitoring data

Abstract We study a single-unit deteriorating system under condition monitoring for which collected signals are only stochastically related to the actual level of degradation. Failure replacement is costlier than preventive replacement and there is a delay (lead time) between the init...

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Bibliographic Details
Main Authors: Moghaddass, Ramin, Ertekin, Şeyda
Other Authors: Sloan School of Management
Format: Article
Language:English
Published: Springer US 2021
Online Access:https://hdl.handle.net/1721.1/131881