optimization.txt

Markov Chain paper:
A = Availability
C = Long term operational cost
C_u = Downtime penalty cost due to unexpected failure
pi_i,3 
pi_4,0
C'_F = Cost of corrective maintenance
C'_R = Cost of replacement
1/mu_F = Duration of major maintenance
1/mu_R = Duration of replacement

A = 1 - mu_{F}*(sum_{i=0}^{3}pi_{i,3}) + mu_{R}*pi_{4,0}
C = C_u * (sum_{i=0}^{3} pi_{i,3} + pi_{4,0}) + (C'_F)*(mu_F)*(sum_{i=0}^{3} pi_{i,3}) + C'_{R}*mu_{R}*pi_{4,0} 





Dino's thesis:
Harris Chain <- continuous state markov chain

Failure Rate. lambda(t) = alpha(t) * lambda_{n}

Minor maintenance cost (oil change): c
Minor maintenance duration: d
Major maintenance cost: C
Major maintenance duration: D

Unexpected 

Daily profit. P(t) = e^(-alpha*t) * P_0