Stochastic Model Resource Flexibility by Lode (6 results)

PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Condition: New. Print on Demand. This book presents a stochastic control model to analyze and quantify the economic value of flexible resources in a manufacturing system, particularly in the context of flexible manufacturing systems. The model considers a two-stage production process, consisting of two work stations and two tasks, and explores the optimal allocation of these resources to maximize expected profit under various constraints and assumptions. The author develops a class of feasible policies called barrier policies and derives computational results for these policies. The book identifies dominant strategies in the real-time allocation of flexible workstations and establishes conditions that explicitly determine the optimal barrier policy. These results provide insights into the management of flexible production systems and highlight the potential for increasing efficiency and profitability by optimizing the use of flexible resources. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.

Gebunden. Condition: New.

Buch. Condition: Neu. Neuware - This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Condition: New. Print on Demand pp. 26.