2 papers
math.OC2026
Risk or Replace: Efficient Asymptotics for Data-Driven Maintenance
Poulad Moradi, Joachim Arts, Melvin Drent +1
Condition-based maintenance (CBM) is an approach that plans interventions for deteriorating systems according to their observed operational state. CBM reduces unplanned downtime an…
math.PR2025
Asymptotic Optimality of Projected Inventory Level Policies for Lost Sales Inventory Systems with Large Leadtime and Penalty Cost
Poulad Moradi, Joachim Arts, Melvin Drent
We study the canonical periodic review lost sales inventory system with positive leadtime and independent and identically distributed (i.i.d.) demand under the average cost criteri…