Items related to Average-Cost Control of Stochastic Manufacturing Systems:...

Average-Cost Control of Stochastic Manufacturing Systems: 54 (Stochastic Modelling and Applied Probability, 54) - Softcover

Sethi, Suresh P.; Zhang, Han-Qin; Zhang, Qing

 
9781441919540: Average-Cost Control of Stochastic Manufacturing Systems: 54 (Stochastic Modelling and Applied Probability, 54)

Synopsis

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.

"synopsis" may belong to another edition of this title.

From the Back Cover

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. 

"About this title" may belong to another edition of this title.

Other Popular Editions of the Same Title

9780387219479: Average-Cost Control of Stochastic Manufacturing Systems: 54 (Stochastic Modelling and Applied Probability, 54)

Featured Edition

ISBN 10:  0387219471 ISBN 13:  9780387219479
Publisher: Springer-Verlag New York Inc., 2005
Hardcover