Suresh P Sethi

(Author)

Hierarchical Decision Making in Stochastic Manufacturing Systems (1994)Hardcover - 1994, 20 December 1994

Hierarchical Decision Making in Stochastic Manufacturing Systems (1994)
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Part of Series
Systems & Control: Foundations & Applications
Part of Series
Systems & Control
Print Length
422 pages
Language
English
Publisher
Birkhauser
Date Published
20 Dec 1994
ISBN-10
0817637354
ISBN-13
9780817637354

Description

One of the most important methods in dealing with the optimization of large, complex systems is that of hierarchical decomposition. The idea is to reduce the overall complex problem into manageable approximate problems or subproblems, to solve these problems, and to construct a solution of the original problem from the solutions of these simpler prob- lems. Development of such approaches for large complex systems has been identified as a particularly fruitful area by the Committee on the Next Decade in Operations Research (1988) [42] as well as by the Panel on Future Directions in Control Theory (1988) [65]. Most manufacturing firms are complex systems characterized by sev- eral decision subsystems, such as finance, personnel, marketing, and op- erations. They may have several plants and warehouses and a wide variety of machines and equipment devoted to producing a large number of different products. Moreover, they are subject to deterministic as well as stochastic discrete events, such as purchasing new equipment, hiring and layoff of personnel, and machine setups, failures, and repairs.

Product Details

Authors:
Suresh P SethiQing Zhang
Book Edition:
1994
Book Format:
Hardcover
Country of Origin:
US
Date Published:
20 December 1994
Dimensions:
24.1 x 16.28 x 2.49 cm
ISBN-10:
0817637354
ISBN-13:
9780817637354
Language:
English
Location:
Boston, MA
Pages:
422
Publisher:
Weight:
821 gm

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