Title :
The Equipment Renewal Problem Based on Dynamic Programming
Author :
Li, Baofeng ; Hao, Xiaohui ; Qu, Jingguo ; Cui, Yuhuan ; Gong, Dianxuan
Author_Institution :
Dept. of Math. & Inf. Sci., Tangshan Teachers´´ Coll., Tangshan, China
Abstract :
The replacement problem of equipment is studied by employing the dynamic planning principle. This paper extends the present common dynamic programming model that only includes the decision-making of keep and replacement to the model that includes the decision-making of keep, replacement and general overhaul, and builds dynamic planning model for renewing machine equipment. Besides the program of the model is designed by means of C language, an example is given to illustrate the process of compute of the model.
Keywords :
C language; decision making; dynamic programming; machinery; maintenance engineering; mechanical engineering computing; C language; decision making; dynamic planning model; dynamic programming; equipment renewal problem; equipment replacement; general overhaul; Computer industry; Cost function; Decision making; Dynamic programming; Educational institutions; Industrial control; Lighting control; Mathematical model; Mathematics; Recycling;
Conference_Titel :
Innovative Computing, Information and Control (ICICIC), 2009 Fourth International Conference on
Conference_Location :
Kaohsiung
Print_ISBN :
978-1-4244-5543-0
DOI :
10.1109/ICICIC.2009.354
