Showing 1 - 8 of 8
This paper presents an asymptotic analysis of control models governed by stochastic ordinary differential equations. A sufficient condition of near-optimal controls is given based on Ekeland's principle. It is shown that, under some concavity assumptions, the e-maximum condition in terms of the...
Persistent link: https://www.econbiz.de/10014207032
This paper presents an asymptotic analysis of hierarchical production planning in a general manufacturing system consisting of a network of unreliable machines producing a variety of products. The concept of a dynamic job shop is introduced by interpreting the system as a directed graph, and the...
Persistent link: https://www.econbiz.de/10014211302
This paper studies deterministic dynamic two-machine flowshops. Optimal feedback controls are obtained explicitly. A capacity loss phenomenon is observed when the capacity of the second machine exceeds that of the first. The phenomenon has important implications for the solution of the...
Persistent link: https://www.econbiz.de/10012746388
We consider a single machine, multiproduct manufacturing system, which can operate at finitely many quality levels. The quality of the machine deteriorates according to a continuous-time Markov process and the only way to improve the quality is by replacing the machine by a new one. In this...
Persistent link: https://www.econbiz.de/10012751058
This paper is concerned with near-optimal control of manufacturing systems consisting of two unreliable machines in tandem and having the objective of minimizing the total discounted cost of inventories/shortages over an infinite horizon. Asymptotic optimal feedback controls are constructed with...
Persistent link: https://www.econbiz.de/10014218552
This paper presents an extension of earlier research on heirarchical control of stochastic manufacturing systems with linear production costs. A new method is introduced to construct asymptotically optimal open-loop and feedback controls for manufacturing systems in which the rates of machine...
Persistent link: https://www.econbiz.de/10014046452
This paper presents an asymptotic analysis of hierarchical production planning in a manufacturing system with two tandem machines that are subject to breakdown and repair. The system produces a single product, whose rate of demand over time is given to be constant. The problem is formulated as a...
Persistent link: https://www.econbiz.de/10014046910
In this paper, we treat an optimal control problem of a stochastic two-machine flowshop with machines subject to random breakdown and repair. While the problem is difficult to solve, it can be approximated by a deterministic problem when the rates of machine failure and repair become large....
Persistent link: https://www.econbiz.de/10014046911