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We consider a production planning problem for a dynamic jobshop producing a number of products and subject to breakdown and repair of machines. The machine capacities are assumed to be finite state Markov chains. As the rates of change of the machine states approach infinity, an asymptotic...
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This paper presents an asymptotic analysis of a stochastic manufacturing system consisting of parallel machines subject to breakdown and repair and facing a constant demand, as the rates of change of the machine states approach infinity. This situation gives rise to a limiting problem in which...
Persistent link: https://www.econbiz.de/10012720681
This paper presents an extension of earlier research on hierarchical control of stochastic manufacturing systems with long-run average cost in which a positive inventory deterioration/cancellation rate for each product is assumed. Here we drop the assumption of the positive inventory...
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