Average-Cost Control of Stochastic Manufacturing Systems
| Autor: | Sethi, Suresh P Zhang, Han-Qin Zhang, Qing |
|---|---|
| EAN: | 9780387219479 |
| Sachgruppe: | Wirtschaft |
| Sprache: | Englisch |
| Seitenzahl: | 324 |
| Produktart: | Gebunden |
| Veröffentlichungsdatum: | 29.03.2005 |
| Schlagworte: | Business / Economics / Finance |
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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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