Title Average-cost control of stochastic manufacturing systems / Suresh Sethi, Hanqin Zhang, Qing Zhang

Published New York : Springer, 2005

Click on the following:
Springer eBooks
Springer Mathematics and Statistics eBooks

Copies

Description 1 online resource (xv, 324 pages) : illustrations Series Stochastic modelling and applied probability ; 54 Stochastic modelling and applied probability ; 54. Contents Preliminaries; Preface; Contents; 1 Concept of Near-Optimal Control; 2 Models of Manufacturing Systems; 3 Optimal Control of Parallel Machine Systems; 4 Optimal Control of Dynamic Flowshops; 5 Optimal Controls of Dynamic Jobshops; 6 Risk Sensitive Control; 7 Near Optimal Control of Parallel Machine Systems; 8 Near Optimal Control of Dynamic Flowshops; 9 Near Optimal Controls of Dynamic Jobshops; 10 Near Optimal Risk Sensitive Control; 11 Further Extensions and Open Research Problems; A Finite State Markov Chains; B Convergence and Error Estimates of Markov Chains; C Convex Sets and Functions Summary "This book is concerned with production planning and control in manufacturing systems with machines subject to breakdown and repair. The objective is to control the rate of production over time in order to meet the demand at a minimum long-run average cost." "Increasingly complex and realistic models of manufacturing systems with failure-prone machines are formulated as stochastic optimal control problems. Partial characterization of their solutions are provided when possible along with their decomposition based on event frequencies. In the latter case, two-level decisions are constructed which are shown to be asymptotically optimal as the average time between successive short-term events becomes much smaller than that between successive long-term events. The striking novelty of this approach is that this is done without solving for the optimal solution, which is an insurmountable risk." "The material covered in this book cuts across the disciplines of Applied Mathematics, Operations Management, Operations Research, and System and Control Theory. It is written for operations researchers, system and control theorists, applied mathematicians, operations management specialists, and industrial engineers."--Jacket Bibliography Includes bibliographical references (pages 305-316) and index Notes English In SpringerLink OhioLINK electronic book center (Online) Subject Production control -- Statistical methods Production management -- Statistical methods Cost accounting. cost accounting. TECHNOLOGY & ENGINEERING -- Industrial Technology. TECHNOLOGY & ENGINEERING -- Industrial Engineering. BUSINESS & ECONOMICS -- Production & Operations Management. Production management -- Statistical methods. Cost accounting. Production control -- Statistical methods. Productividad -- Métodos estadísticos Cost accounting Production control -- Statistical methods Production management -- Statistical methods Productiecontrole. Kostenbeheersing. Optimaliseren. Form Electronic book Author Zhang, Qing, 1959- Zhang, Hanqin LC no. 2004049170 ISBN 0387219471 9780387219479 0387276157 9780387276151 1280608382 9781280608384 6610608385 9786610608386

  Permalink