Title :
A Note on Ordering Policy
Author :
Thomas, L.C. ; Osaki, Shunji
Author_Institution :
Department of Decision Theory; University of Manchester M13 9PL ENGLAND.
Abstract :
We consider a simple but interesting ordering policy and discuss the ordering policy which minimizes the s-expected cost rate.
Keywords :
Cost function; Hazards; Reliability theory; Steady-state; Lead time; Optimal policy; Ordering policy; s-Expected cost;
Journal_Title :
Reliability, IEEE Transactions on
DOI :
10.1109/TR.1978.5220433