ENGLISH

Average—Cost Control of Stochastic Manufacturing Systems

By Suresh P. Sethi , Hanqin Zhang , Qing Zhang (auth.)

Book information

Publisher
Springer-Verlag New York
Year
2005
ISBN
978-0-387-21947-9, 978-0-387-27615-1
DOI
10.1007/0-387-27615-7
Language
english
Format
PDF
Filesize
3 MB (3387536 bytes)
Series
Stochastic Modelling and Applied Probability 54
Edition
1
Pages
324\322
Orientation
yes
Scanned
yes
Time added
2013-08-01 04:00:00
Control; Probability Theory and Stochastic ProcessSystems Theory

Description

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.

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