Abstract

The paper studies a recently introduced generalization of the classic sequential testing problem for series systems, consisting of multiple stochastic components. The conventional assumption in such settings is that the overall system state can be expressed as an AND function, defined with respect to the states of individual components. However, unlike the classic setting, rather than testing components separately, one after the other, we allow aggregating multiple tests to be conducted simultaneously, while incurring an additional set-up cost. This feature is present in numerous practical applications, where decision makers are incentivized to exploit economy of scale by testing subsets of components in batches. The main contribution of this paper is to devise a polynomial-time approximation scheme for the sequential batch-testing problem, by leveraging a number of techniques in approximate dynamic programming, based on a synthesis of ideas related to efficient enumeration methods, state-space collapse, and charging schemes.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.