WASET
	@article{(Open Science Index):https://publications.waset.org/pdf/10010545,
	  title     = {Optimal Production and Maintenance Policy for a Partially Observable Production System with Stochastic Demand},
	  author    = {Leila Jafari and  Viliam Makis},
	  country	= {},
	  institution	= {},
	  abstract     = {In this paper, the joint optimization of the
economic manufacturing quantity (EMQ), safety stock level,
and condition-based maintenance (CBM) is presented for a partially
observable, deteriorating system subject to random failure. The
demand is stochastic and it is described by a Poisson process.
The stochastic model is developed and the optimization problem
is formulated in the semi-Markov decision process framework. A
modification of the policy iteration algorithm is developed to find
the optimal policy. A numerical example is presented to compare
the optimal policy with the policy considering zero safety stock.},
	    journal   = {International Journal of Industrial and Systems Engineering},
	  volume    = {13},
	  number    = {7},
	  year      = {2019},
	  pages     = {449 - 456},
	  ee        = {https://publications.waset.org/pdf/10010545},
	  url   	= {https://publications.waset.org/vol/151},
	  bibsource = {https://publications.waset.org/},
	  issn  	= {eISSN: 1307-6892},
	  publisher = {World Academy of Science, Engineering and Technology},
	  index 	= {Open Science Index 151, 2019},
	}