Optimal Maintenance of a Production-inventory System With Continuous Repair Times and Idle Periods
Abstract:In this paper two similar models for the maintenance of a production-inventory system are considered. In both models, an input generating installation supplies a buffer with a raw material and a production unit pulls the raw material from the buffer. The installation in the first model and the production unit in the second model deteriorate stochastically over time and the problem of their optimal preventive maintenance is considered. In the first model, it is assumed that the installation, after the completio… Show more
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