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