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Faculty of Management, Tel-Aviv University, Tel-Aviv, Israel 69978
We consider the problem of servicing a number of objects in a discrete time environment. In each period, we may select an object that will receive a service in the period. Each time an object is serviced, we incur a servicing cost dependent on the time since the object's last service. Problems of this type appear in many contexts, e.g., multiproduct lot-sizing, machine maintenance, and several problems in telecommunications. We assume that at most one object can be serviced in a given period. For the general problem with m objects, which is known to be
406 Uris Hall, Columbia University, New York, NY 10027
anily{at}post.tau.ac.il
jdb8{at}columbia.edu

-Hard, we describe properties of an optimal policy, and for the specific case of m = 2 objects, we determine an optimal policy.
Subject classifications: Inventory/production: policies, maintenance/replacement; Mathematics: Convexity; Analysis of algorithms.
History: Received October 1997;
revision received September 1998; revision received December 1998;
accepted January 1999.
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