@book{1715c3bc0e6147c2a2d81f579d58cf13,

title = "Optimal maintenance strategies for systems with partial repair options and without assuming bounded costs",

abstract = "We study a repairable system with Markovian deterioration and partial repair options, carried out at fixed times $n=1,2,\ldots$ and look for optimal strategies under certain conditions. Two optimality criteria are considered: expected discounted cost and long-run average cost. Douer and Yechiali found conditions under which a policy in the class of generalized control limit policies is optimal. In this paper conditions are found under which an optimal policy is a control-limit policy. We explicitly explain how to derive this optimal policy; numerical examples are given, too.",

keywords = "IR-65703, EWI-3335, MSC-93E20, MSC-90B25",

author = "P.B. Bruns",

note = "Imported from MEMORANDA ",

year = "2000",

language = "Undefined",

publisher = "University of Twente, Department of Applied Mathematics",

number = "1515",

}