Asymptotic optimal controls in stochastic manufacturing systems with machine failures dependent on production rates

DOI10.1080/17442509408833900zbMath0828.93065OpenAlexW2158039907MaRDI QIDQ4845484

Qing Zhang, Suresh P. Sethi

Publication date: 18 October 1995

Published in: Stochastics and Stochastic Reports (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1080/17442509408833900

zbMATH Keywords

dynamic programmingMarkov processproduction planningviscosity solutionsoptimal controlshierarchical controlstochastic manufacturing systems

Mathematics Subject Classification ID

Production models (90B30) Hierarchical systems (93A13) Dynamic programming (90C39) Optimal stochastic control (93E20)

Related Items (5)

Hierarchical production policies in stochastic two-machine flowshops with finite buffers ⋮ Hierarchical production control in a stochastic manufacturing system with long-run average cost ⋮ Developments in differential game theory and numerical methods: Economic and management applications ⋮ Pareto efficiency of finite horizon switched linear quadratic differential games ⋮ Uncertain dynamical system-based decision making with application to production-inventory problems

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