Average-Cost Control of Stochastic Manufacturing Systems

Suresh P. Sethi

ISBN 10: 1441919546 / ISBN 13: 9781441919540

Editore: Springer New York, 2010

Riguardo questo articolo

Druck auf Anfrage Neuware - Printed after ordering - Most manufacturing systems are large, complex, and operate in an environment of uncertainty. It is common practice to manage such systems in a hierarchical fashion. This book articulates a new theory that shows that hierarchical decision making can in fact lead to a near optimization of system goals. The material in the book cuts across disciplines. It will appeal to graduate students and researchers in applied mathematics, operations management, operations research, and system and control theory.

Codice articolo 9781441919540

Dati bibliografici

• Titolo: Average-Cost Control of Stochastic Manufacturing Systems
• Editore: Springer New York
• Data di pubblicazione: 2010
• Lingua: Inglese
• ISBN 10: 1441919546
• ISBN 13: 9781441919540
• Rilegatura: Taschenbuch
• Condizione: Neu

Descrizione articolo

Riassunto

This book articulates a new theory that shows that hierarchical decision making in manufacturing systems can lead to a near optimization of system goals. It will appeal to graduate students and researchers in applied mathematics, operations management, operations research, and systems and control theory.

Dalla quarta di copertina

This book is concerned with hierarchical control of manufacturing systems under uncertainty.  It focuses on system performance measured in long-run average cost criteria, exploring the relationship between control problems with a discounted cost and that with a long-run average cost in connection with hierarchical control.  A new theory is articulated that shows that hierarchical decision making in the context of a goal-seeking manufacturing system can lead to a near optimization of its objective.  The approach in the book considers manufacturing systems in which events occur at different time scales.