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Average-Cost Control of Stochastic Manufacturing Systems
Language: en
Pages: 323
Authors: Suresh P. Sethi
Categories: Business & Economics
Type: BOOK - Published: 2006-03-22 - Publisher: Springer Science & Business Media

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This book articulates a new theory that shows that hierarchical decision making can in fact lead to a near optimization of system goals. The material in the boo
Average-cost Control of Stochastic Manufacturing Systems
Language: en
Pages: 324
Authors: Suresh P. Sethi
Categories: Cost accounting
Type: BOOK - Published: 2005 - Publisher:

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Most manufacturing systems are large, complex, and operate in an environment of uncertainty. It is common practice to manage such systems in a hierarchical fash
Minimum Average Cost Production Planning in Stochastic Manufacturing Systems
Language: en
Pages: 0
Authors: Suresh Sethi
Categories:
Type: BOOK - Published: 2014 - Publisher:

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Recently, the production control problem in stochastic manufacturing systems has generated a great deal of interest. The goal is to obtain production rates to m
Optimal Control Theory
Language: en
Pages: 520
Authors: Suresh P. Sethi
Categories: Business & Economics
Type: BOOK - Published: 2022-01-03 - Publisher: Springer Nature

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This new 4th edition offers an introduction to optimal control theory and its diverse applications in management science and economics. It introduces students t
Hierarchical Production Controls for a Stochastic Manufacturing System with Long-Run Average Cost
Language: en
Pages: 0
Authors: Suresh Sethi
Categories:
Type: BOOK - Published: 2008 - Publisher:

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This paper presents an extension of earlier research on hierarchical control of stochastic manufacturing systems with long-run average cost in which a positive