Performance analysis of production systems with correlated demand via diffusion approximations

DOI10.1155/2012/109417MaRDI QIDQ1929669zbMATH OpenOpenAlexWikidataFDO

Authors Yingdong Lu

Publication date 9 January 2013

Published in International Journal of Stochastic Analysis (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1155/2012/109417

Mathematics Subject Classification ID

Brownian motion (60J65) Applications of Brownian motions and diffusion theory (population genetics, absorption problems, etc.) (60J70) Applications of renewal theory (reliability, demand theory, etc.) (60K10) Production models (90B30)

Review text

Summary: We investigate the performance of a production system with correlated demand through diffusion approximation. The key performance metric under consideration is the extreme points that this system can reach. This problem is mapped to a problem of characterizing the joint probability density of a two-dimensional Brownian motion and its coordinate running maximum. To achieve this goal, we obtain the stationary distribution of a reflected Brownian motion within the positive quarter-plane, which is of independent interest, through investigating a solution of an extended Helmhotz equation.

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Cites work

• Brownian models of feedforward queueing networks: Quasireversibility and product form solutions
• scientific article; zbMATH DE number 5774588 (Why is no real title available?)
• scientific article; zbMATH DE number 192908 (Why is no real title available?)
• scientific article; zbMATH DE number 219137 (Why is no real title available?)
• Optimal Control of a High-Volume Assemble-to-Order System

Cited in

(1)

• Performance analysis of a fluid production/Inventory model with state-dependence

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