Title :
Optimal control, repair and inventory strategies for a linear stochastic system
Author :
Sworder, D.D. ; Kazangey, T.
Author_Institution :
University of Southern California, Los Angeles, California
Abstract :
Many large industrial systems have several different modes of possible operation. The dynamic characterization of such a system at any specific point in time will depend upon the operational status of a number of individual components or subsystems. For example, the efficiency and stability of electrical generation and distribution system may change radically when an important generating station is lost from service because of an unexpected failure.
Keywords :
Costs; Degradation; Hafnium; Optimal control; Remuneration; Stochastic processes; Stochastic systems; Systems engineering and theory;
Conference_Titel :
Decision and Control, 1971 IEEE Conference on
Conference_Location :
Miami Beach, FL, USA
DOI :
10.1109/CDC.1971.271024
