Optimum Allocation of Stand-by Systems
- 1 April 1969
- journal article
- Published by Institute for Operations Research and the Management Sciences (INFORMS) in Operations Research
- Vol. 17 (2) , 337-343
- https://doi.org/10.1287/opre.17.2.337
Abstract
With a view to ascertaining the optimum number of stand-by systems, this paper derives the expected cost function for operating n independent systems for a time period of length t, with s spare systems available.Keywords
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