Accession Number:

AD0707809

Title:

OPTIMIZATION OF INSPECTION POLICIES BY DYNAMIC PROGRAMMING,

Descriptive Note:

Corporate Author:

TECHNION - ISRAEL INST OF TECH HAIFA FACULTY OF INDUSTRIAL AND MANAGEMENT ENGINEERING

Personal Author(s):

Report Date:

1970-03-01

Pagination or Media Count:

26.0

Abstract:

Inspection models deal with operating systems whose stochastic failure is detected by observations carried out intermittently. Solutions of the problems under consideration using differentiation have previously been given by the authors. In the current study Dynamic Programming methodology is introduced for this purpose. The approach has many potential advantages - it can be utilized for any type of failure rate - increasing, decreasing or mixed. Furthermore, the method is applicable if additional types of costs are introduced, or if costs are time dependent. Author

Subject Categories:

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

Distribution Statement:

APPROVED FOR PUBLIC RELEASE