Article ID: | iaor20002188 |
Country: | Germany |
Volume: | 49 |
Issue: | 3 |
Start Page Number: | 457 |
End Page Number: | 473 |
Publication Date: | Jan 1999 |
Journal: | Mathematical Methods of Operations Research (Heidelberg) |
Authors: | Lazarski K., Stettner L. |
Keywords: | markov processes |
In the paper a discrete time manufacturing system consisting of a machine that produces one kind of goods so as to meet a random demand that is modelized by a finite state ergodic Markov chain is considered. Using a discounted cost approximation an average cost per unit time control problem is studied. Some simulation results are also added.