Structured replacement policies for a system subject to random mission types

• Published in: Naval research logistics Vol. 71; no. 7; pp. 1055 - 1069
• Main Author: Zheng, Rui
• Format: Journal Article
• Language: English
• Published: Hoboken, USA John Wiley & Sons, Inc 01.10.2024; Wiley Subscription Services, Inc
• Subjects: Condition monitoring; condition‐based maintenance; Cost analysis; Decisions; Iterative algorithms; Markov decision process; Markov processes; Missions; Optimization; Policies; policy iteration; random mission type; structural analysis

This paper optimizes condition‐based replacement policies for a mission‐oriented system. The key challenge in our problem is that the system does not work under a fixed mission type but is subject to an infinite sequence of random types of missions assigned in a Markovian manner, which is realistic...