Nicolai, R.P.; Frenk, J.B.G.; Dekker, R. - Erasmus University Rotterdam, Econometric Institute - 2007
solution of a continuous-time renewal-type dynamic programming equation. To solve this equation time is discretized and it is … maintenance, degradation modelling, non-stationary gamma process,
renewal-type dynamic programming equation, life-cycle management … in showing that the error caused by discretizing the continuous-time
renewal-type dynamic programming equation derived in …