The Optimization of the Profit of a Parallel System with Independent Components and Linear Repairing Cost

Mihova, Marija and Ilijoski, Bojan and Stojkovic, Natasa (2012) The Optimization of the Profit of a Parallel System with Independent Components and Linear Repairing Cost. ICT Innovations 2012 Web Proceedings. ISSN 1857-7288

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Abstract

The parallel system can be regarded as a multi-state system with graduate failure. When the system is not in its perfect state, it can be repaired to some higher level under some cost. In our case, to repair k components costs C0 + kC1. The objective of this research is to find the optimal repairing policy, such that the system makes the greatest possible profit. The main idea of the optimal solution is based on analysis of system performance during periods with a certain length, which allows us to use dynamic programming as optimizing technique. Additionally for the systems with unlimited working time we give a way for computation of the optimal repairing level.

Item Type: Article
Subjects: Natural sciences > Computer and information sciences
Natural sciences > Matematics
Divisions: Faculty of Computer Science
Depositing User: Natasa Maksimova
Date Deposited: 29 Nov 2013 14:20
Last Modified: 02 Dec 2013 10:10
URI: http://eprints.ugd.edu.mk/id/eprint/7532

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