Turnpike properties for a class of piecewise deterministic systems arising in manufacturing flow control

Turnpike properties for a class of piecewise deterministic systems arising in manufacturing flow control

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Article ID: iaor19911691
Country: Switzerland
Volume: 29
Start Page Number: 351
End Page Number: 374
Publication Date: Apr 1991
Journal: Annals of Operations Research
Authors: ,
Keywords: production, production: FMS
Abstract:

This paper deals with a general class of piecewise deterministic control systems that encompasses FMS flow control models. One uses the Markov renewal decision process formalism to characterize optimal policies via a discrete event dynamic programming approach. A family of control problems with a random stopping time is associated with these optimality conditions. These problems can be reformulated as infinite horizon deterministic control problems. It is then shown how the so-called turnpike property should hold for these deterministic control problems under classical convexity assumptions. These turnpikes have the same generic properties as the attractors obtained via a problem specific approach in FMS flow control models and production planning and are called hedging points in this literature.

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