AN ECONOMIC SEQUENTIAL SCREENING-PROCEDURE FOR LIMITED FAILURE POPULATIONS

Authors
BAI DS KWON YI
Citation
Ds. Bai et Yi. Kwon, AN ECONOMIC SEQUENTIAL SCREENING-PROCEDURE FOR LIMITED FAILURE POPULATIONS, Naval research logistics, 41(4), 1994, pp. 523-535
Citations number
16
Categorie Soggetti
Operatione Research & Management Science","Operatione Research & Management Science","Engineering, Marine
Journal title
Naval research logistics → ACNP
ISSN journal
0894069X
Volume
41
Issue
4
Year of publication
1994
Pages
523 - 535
Database
ISI
SICI code
0894-069X(1994)41:4<523:AESSFL>2.0.ZU;2-2
Abstract
An economic sequential screening procedure is considered for limited f ailure populations in which defective items fail soon after they are p ut in operation and nondefective ones never fail during the technical life of the items. A cost model is constructed that involves screening test cost and external failure cost. A sequential scheme that minimiz es the expected cost is derived from the solution of a dynamic program ming formulation and the optimal decision at each stage is obtained in a closed form. (C) 1994 John Wiley & Sons, Inc.