A Repairable Item Inventory System Using Dynamic Programming and Markov Processes.
NAVAL POSTGRADUATE SCHOOL MONTEREY CALIF
Pagination or Media Count:
The thesis develops an analytical model of a repairable item inventory system. The system consisted of a depot that repaired failed units according to some repair policy and stocked ready-for-issue units in support of a finite number of customers. A least-cost repair policy and stock level was determined by use of a computer program which is included as an appendix. Author
- Operations Research