Accession Number:

AD0654898

Title:

SURVEILLANCE PROBLEMS: POISSON PROCESS UNDER COSTLY SURVEILLANCE,

Descriptive Note:

Corporate Author:

FLORIDA STATE UNIV TALLAHASSEE DEPT OF STATISTICS

Personal Author(s):

Report Date:

1967-06-01

Pagination or Media Count:

32.0

Abstract:

This paper is concerned with optimal strategies for controlling a one-dimensional Poisson production process under costly surveillance. Observations may be taken and repairs may be made at any time at positive cost. A form of the long run average income is used as the criterion for comparing strategies. The class of non-randomized stationary strategies which allow production only when the process is observed in one of a finite number of states is shown to contain an optimal strategy under a certain assumption of monotonicity of the income function. Author

Subject Categories:

  • Operations Research
  • Manufacturing and Industrial Engineering and Control of Production Systems

Distribution Statement:

APPROVED FOR PUBLIC RELEASE