Technical Uncertainty and Value of Information with Application to Optimal Network Component Replacement
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KeywordsReplacement decision; uncertainty; age replacement policy; failure rate; value of information;
- C44 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Operations Research; Statistical Decision Theory
- D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2012-08-23 (All new papers)
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