Arora, S. R.; Lele, P. T. - In: Management Science 17 (1970) 3, pp. 170-173
In the paper "Optimal Maintenance Policy and Sale Date of a Machine," Dr. G. L. Thompson [Thompson, G. L. 1968. Optimal maintenance policies and sale date of a machine. Management Sci. 14(9, May) 543-550.] provided a model to interrelate economic life and maintenance policy, using Pontryagin's...
