Stochastic Modelling and Applied Probability

Average-Cost Control of Stochastic Manufacturing Systems

Authors: Sethi, Suresh P., Zhang, Han-Qin, Zhang, Qing

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eBook $129.00
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  • ISBN 978-0-387-27615-1
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  • ISBN 978-1-4419-1954-0
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About this book

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. 

Reviews

From the reviews of the first edition:

"This book is a study on the optimal control of manufacturing systems subject to breakdowns and repairs. … Six appendices provide mathematical technical support. 153 references are given. There is an author index as well as a subject index. This book is a useful reference on the stochastic optimal control of manufacturing systems and is recommended." (A. Akutowicz, Zentralblatt MATH, Vol. 1078, 2006)

"The book under review is concerned with systems that consist of machines subjects to breakdown and repair … . The book is written for applied mathematics, operations researchers, as well as practitioners working in manufacturing. In summary, this is an excellent book devoted to a fast growing area, which has significant impact on the economy. It is conceivable that … this book will further stimulate subsequent research in production planning as well as in systems theory and stochastic control." (George Yin, Mathematical Reviews, Issue 2005 k)


Table of contents (1 chapters)

Buy this book

eBook $129.00
price for USA (gross)
  • ISBN 978-0-387-27615-1
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $169.00
price for USA
  • ISBN 978-0-387-21947-9
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $169.00
price for USA
  • ISBN 978-1-4419-1954-0
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Average-Cost Control of Stochastic Manufacturing Systems
Authors
Series Title
Stochastic Modelling and Applied Probability
Series Volume
54
Copyright
2005
Publisher
Springer-Verlag New York
Copyright Holder
Springer-Verlag New York
eBook ISBN
978-0-387-27615-1
DOI
10.1007/0-387-27615-7
Hardcover ISBN
978-0-387-21947-9
Softcover ISBN
978-1-4419-1954-0
Series ISSN
0172-4568
Edition Number
1
Number of Pages
XVI, 324
Topics