Application of Markov chains in production decision-making

Application of Markov chains in production decision-making

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Article ID: iaor20021018
Country: China
Volume: 23
Issue: 4
Start Page Number: 31
End Page Number: 34
Publication Date: Dec 2000
Journal: Journal of Nanjing Normal University
Authors:
Keywords: markov processes
Abstract:

By use of Markov chains, this paper presents a mathematical model of decision-making for drug-production; an application is included.

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