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

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

Synopsis

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.

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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. 

Review

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)

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  • PublisherSpringer
  • Publication date2010
  • ISBN 10 1441919546
  • ISBN 13 9781441919540
  • BindingPaperback
  • LanguageEnglish
  • Number of pages340

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

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Taschenbuch. Condition: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -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. 340 pp. Englisch. Seller Inventory # 9781441919540

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Condition: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. 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 math. Seller Inventory # 4172514

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Taschenbuch. Condition: Neu. 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. Seller Inventory # 9781441919540

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