A repairable item inventory system using dynamic programming and Markov processes

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Author
Biggins, James Alfred
Date
1971-09Advisor
Richards, F.R.
Metadata
Show full item recordAbstract
This thesis developed an analytical model of a repairable
item inventory system. The system consisted of a
depot that repaired failed units according to some repair
policy and stocked ready-for-issue units in support of a
finite number of customers. A least-cost repair policy
and stock level was determined by use of a computer program
which is included as an appendix.