Maintenance when Failure Distribution of Equipment is Only Partially Known, Naval Research Logistics Quarterly
An optimal schedule for checking an equipment subject to failure which can be detected by inspection only, is derived. Increasing failure rate and one percentile specify the otherwise unknown life distribution. Dynamic programming methodology yields the solution which minimizes the maximum expected cost. Numerical examples are presented and compared with models employing differing amounts of knowledge.
Zvi Kander, Artur Raviv
Kander, Zvi, and Artur Raviv. 1974. Maintenance when Failure Distribution of Equipment is Only Partially Known. Naval Research Logistics Quarterly. 21(3): 411-429.