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Computing optimal quality control policies — two actions
Robert C. Wang
Journal:

Journal of Applied Probability / Volume 13 / Issue 4 / December 1976

Published online by Cambridge University Press:

14 July 2016, pp. 826-832

Print publication:

December 1976
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We study a Markov quality control model in which we may either reset the machine or keep the machine producing items. Both discounted and average costs are considered. We shall show that a monotone policy is optimal and show how to compute the optimal critical point. Two special models are studied along with some numerical results.

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Computing optimal quality control policies — two actions