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  • A hazardous-inspection model with costly repair

    Creator:
    Yang, Minghui
    Abstract:
    An inspection-repair model is developed that presumes inspection is hazardous to the system being inspected. The form of the optimal inspection-repair policy is determined for different ranges of the model's parameters. The model is formulated as a partially observable Markov decision process with finite numbers of states and actions. The...
    Resource Type:
    Dissertation
    Full Text:
    ABSTRACT OF THE THESIS OF MINGHUI YANG for the degree of DOCTOR OF PHILOSOPHY in STATISTICS presented on