Results 51 to 60 of about 31,071 (152)

Optimal Inspection and Maintenance Policy: Integrating a Continuous-Time Markov Chain into a Homing Problem

open access: yesMachines
The state of a machine is modeled as a controlled continuous-time Markov chain. Moreover, the machine is being serviced at random times. The aim is to maximize the time until the machine must be repaired, while taking the maintenance costs into account ...
Mario Lefebvre, Roozbeh Yaghoubi
doaj   +1 more source

On One Approach to Obtaining Estimates of the Rate of Convergence to the Limiting Regime of Markov Chains

open access: yesMathematics
We revisit the problem of the computation of the limiting characteristics of (in)homogeneous continuous-time Markov chains with the finite state space. In general, it can be performed only numerically.
Yacov Satin   +3 more
doaj   +1 more source

A Two-Stage Optimization Method for Multi-Runway Departure Sequencing Based on Continuous-Time Markov Chain

open access: yesAerospace
With the rapid expansion of the aviation industry, traditional static scheduling methods have become inadequate to meet the increasingly complex demands of efficient airport operations. To enhance the operational efficiency of multi-runway airports, this
Guan Lian   +5 more
doaj   +1 more source

Multi-state SVIRD Model with Continuous-time Markov Chain Assumption on the Spread of Infectious Diseases

open access: yesAustrian Journal of Statistics
The spread of infectious diseases is generally described using mathematical models. This paper discusses the spread of infectious diseases using a multi-state SVIRD model, assuming that a continuous-time Markov chain (CTMC) occurs in a closed population
Faihatuz Zuhairoh   +2 more
doaj   +1 more source

A Multi Objective Fibonacci Search Based Algorithm for Resource Allocation in PERT Networks [PDF]

open access: yesJournal of Optimization in Industrial Engineering, 2010
The problem we investigate deals with the optimal assignment of resources to the activities of a stochastic project network. We seek to minimize the expected cost of the project include sum of resource utilization costs and lateness costs. We assume that
Behrouz Afshar Nadjafi, Salman Kolyaei
doaj  

Uncertainty and Variability in Load Shedding Events Stochastic Model

open access: yesIEEE Access
This paper develops a unified stochastic modelling framework to capture the uncertainty and variability of load-shedding events in electric power systems.
Gcina Thabani Dlamini, Akshay Kumar Saha
doaj   +1 more source

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