Condition-based production for stochastically deteriorating systems: Optimal policies and learning

Keyphrases

• Decision Problems 100%
• Optimal Policy 100%
• System Optimal 100%
• Optimal Learning 100%
• Condition-dependent 100%
• Operational Decisions 100%
• Deteriorating System 100%
• Optimal Interval 66%
• Interval Length 66%
• Production Policy 66%
• Bang-bang 66%
• Maintenance Scheduling 33%
• Bayesian Approach 33%
• Sequential Approach 33%
• Production Increase 33%
• Optimal Production 33%
• Production Decision 33%
• Managerial Implications 33%
• Production System 33%
• Bayesian Methods 33%
• Tactical Decisions 33%
• Oracle 33%
• Maintenance Cost 33%
• Deterioration Rate 33%
• Planned Maintenance 33%
• Scheduled Maintenance 33%
• Joint Optimization 33%
• Continuous-time Markov Decision Process (CTMDP) 33%
• Deterioration Behavior 33%
• Monotonic Properties 33%
• Maintenance Decision 33%
• Real-time Condition Monitoring 33%
• Production Rate 33%

Engineering

• Optimal Policy 100%
• Production System 100%
• Continuous Time 50%
• Sufficient Condition 50%
• Maintenance Planning 50%
• Optimality 50%
• Joints (Structural Components) 50%
• Numerical Study 50%
• Condition Monitoring 50%
• Problem Definition 50%
• Bayesian Approach 50%
• Markov Decision Process 50%
• Tactical Decision 50%