Abstract
Given a component with N critical characteristics, each characteristic i has a cost of inspection Ci>0 and a probability of rejection Ri, 0<Ri<1. An optimal sequence for ordering these critical characteristics for inspection is found. This sequence minimizes the total expected cost of inspection. The implications and the applications of this sequence are examined.
| Original language | English |
|---|---|
| Pages (from-to) | 79-86 |
| Number of pages | 8 |
| Journal | Journal of Optimization Theory and Applications |
| Volume | 67 |
| Issue number | 1 |
| DOIs | |
| State | Published - Oct 1990 |
Keywords
- Multicharacteristics inspection
- mathematical induction
- optimal sequence of inspection
ASJC Scopus subject areas
- Control and Optimization
- Management Science and Operations Research
- Applied Mathematics