Many of the financial instruments used in classic investment analysis do not apply to typical information technology investment decision making because of the multi‐criteria and multi‐objective nature of the problem. This is particularly true when integrating strategic, tactical, and...

For manufacturing systems which are in continuous operation and subject to breakdown, inspection can be an appropriate maintenance strategy. In this situation, inspection can reduce down‐time and increase system reliability. In this paper two main ideas are proposed. In the first, an...