Average cost per unit time control of discrete time unreliable manufacturing systems with Markov demand

Average cost per unit time control of discrete time unreliable manufacturing systems with Markov demand

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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: ,
Keywords: markov processes
Abstract:

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.

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