Optimal Deployment of Irreparable, Multi-component Systems
We consider the problem of optimally timing the deployment of individual components in a multi-component system with the objective of maximizing the overall system utility over a finite planning horizon. The condition of each component, and its priority level, evolve stochastically over time while d...
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Published in | IISE Annual Conference. Proceedings p. 1 |
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Main Authors | , , |
Format | Journal Article |
Language | English |
Published |
Norcross
Institute of Industrial and Systems Engineers (IISE)
01.01.2010
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Subjects | |
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Abstract | We consider the problem of optimally timing the deployment of individual components in a multi-component system with the objective of maximizing the overall system utility over a finite planning horizon. The condition of each component, and its priority level, evolve stochastically over time while deployment decisions are subject to availability constraints. We formulate a Markov decision process model for this problem, discuss an application in satellite constellation management and present preliminary results. [PUBLICATION ABSTRACT] |
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AbstractList | We consider the problem of optimally timing the deployment of individual components in a multi-component system with the objective of maximizing the overall system utility over a finite planning horizon. The condition of each component, and its priority level, evolve stochastically over time while deployment decisions are subject to availability constraints. We formulate a Markov decision process model for this problem, discuss an application in satellite constellation management and present preliminary results. [PUBLICATION ABSTRACT] |
Author | Maillart, Lisa M Kharoufeh, Jeffrey P Flory, John A |
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SubjectTerms | Age Diminishing marginal utility Expected utility Global positioning systems GPS Industrial engineering Markov analysis Payloads Planning Salvage value Satellites Systems design |
Title | Optimal Deployment of Irreparable, Multi-component Systems |
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