Optimal repairing rules under demand risk

Kiyoshi Kobayashi, Morimitsu Kurino

Research output: Contribution to journalConference article

1 Citation (Scopus)

Abstract

This paper focuses upon the optimal repairing rules of public systems under demand uncertainty. An optimal impulse control model is formulated to determine the optimal sequence of impulse timing and the recovery policy to minimize the present values of expected life cycle costs. The optimal repairing rules can be formulated as a set of adaptive state-dependent rules. The repairing rules can be applied based upon updated observations about service levels of systems. A numerical example illustrates how adaptive rules can be calculated in a given demand environment.

Original languageEnglish
Pages (from-to)560-565
Number of pages6
JournalProceedings of the IEEE International Conference on Systems, Man and Cybernetics
Volume1
Publication statusPublished - 2000 Dec 1
Externally publishedYes
Event2000 IEEE International Conference on Systems, Man and Cybernetics - Nashville, TN, USA
Duration: 2000 Oct 82000 Oct 11

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Life cycle
Recovery
Costs
Uncertainty

ASJC Scopus subject areas

  • Hardware and Architecture
  • Control and Systems Engineering

Cite this

Optimal repairing rules under demand risk. / Kobayashi, Kiyoshi; Kurino, Morimitsu.

In: Proceedings of the IEEE International Conference on Systems, Man and Cybernetics, Vol. 1, 01.12.2000, p. 560-565.

Research output: Contribution to journalConference article

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