Average Cost Control Of Stochastic Manufacturing Systems

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Average-Cost Control of Stochastic Manufacturing Systems

Author: Suresh P. Sethi
language: en
Publisher: Springer Science & Business Media
Release Date: 2005-03-29
"The material covered in this book cuts across the disciplines of Applied Mathematics, Operations Management, Operations Research, and System and Control Theory. It is written for operations researchers, system and control theorists, applied mathematicians, operations management specialists, and industrial engineers."--Jacket.
Average-Cost Control of Stochastic Manufacturing Systems

Author: Suresh P. Sethi
language: en
Publisher: Springer Science & Business Media
Release Date: 2006-03-22
This book articulates a new theory that shows that hierarchical decision making can in fact lead to a near optimization of system goals. The material in the book cuts across disciplines. It will appeal to graduate students and researchers in applied mathematics, operations management, operations research, and system and control theory.
Average-cost Control of Stochastic Manufacturing Systems

Most manufacturing systems are large, complex, and operate in an environment of uncertainty. It is common practice to manage such systems in a hierarchical fashion. This book articulates a new theory that shows that hierarchical decision making can in fact lead to a near optimization of system goals. The material in the book cuts across disciplines. It will appeal to graduate students and researchers in applied mathematics, operations management, operations research, and system and control theory.