Accession Number : AD0654898

Title :   SURVEILLANCE PROBLEMS: POISSON PROCESS UNDER COSTLY SURVEILLANCE,

Corporate Author : FLORIDA STATE UNIV TALLAHASSEE DEPT OF STATISTICS

Personal Author(s) : Russell,C. Bradley

Report Date : JUN 1967

Pagination or Media Count : 32

Abstract : This paper is concerned with optimal strategies for controlling a one-dimensional Poisson production process under costly surveillance. Observations may be taken and repairs may be made at any time at positive cost. A form of the long run average income is used as the criterion for comparing strategies. The class of non-randomized stationary strategies which allow production only when the process is observed in one of a finite number of states is shown to contain an optimal strategy under a certain assumption of monotonicity of the income function. (Author)

Descriptors :   (*PRODUCTION CONTROL, *STATISTICAL PROCESSES), DYNAMIC PROGRAMMING, STOCHASTIC PROCESSES, OPTIMIZATION, QUALITY CONTROL, COSTS, MAINTENANCE, MATHEMATICAL MODELS

Subject Categories : Operations Research
      Mfg & Industrial Eng & Control of Product Sys

Distribution Statement : APPROVED FOR PUBLIC RELEASE