Accession Number:

ADA175034

Title:

Replacement with Non-Constant Operating Cost,

Descriptive Note:

Corporate Author:

NORTH CAROLINA UNIV AT CHARLOTTE DEPT OF MATHEMATICS

Personal Author(s):

Report Date:

1986-01-01

Pagination or Media Count:

57.0

Abstract:

The long run average cost problem is considered in the case of a non-decreasing Markov wear process with failure determined by a random threshold. The method of analysis is to first consider the discounted problem and then let the discount factor go to zero.

Subject Categories:

  • Economics and Cost Analysis

Distribution Statement:

APPROVED FOR PUBLIC RELEASE