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- W202981818 abstract "In this chapter, we present a cost-effective analysis of several order-replacement policies for one-unit systems. More precisely, we treat two types of models, called the order-replacement model and the order-inspection one, and derive analytically the optimal ordering policies maximizing the so-called cost effectiveness, which is defined as the mean up time per unit mean operating cost, in both continuous and discrete time setting. Some examples are devoted to illustrate the optimal ordering policies numerically. A comprehensive reference list in this research area is also provided." @default.
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- W202981818 date "2007-12-27" @default.
- W202981818 modified "2023-10-16" @default.
- W202981818 title "Cost-effective Analysis of Optimal Order-replacement Policies" @default.
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- W202981818 doi "https://doi.org/10.1007/0-8176-4422-9_15" @default.
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