Optimal Tracker For Unreliable Manufacturing Systems. INTERNATIONAL JOURNAL OF SYSTEMS SCIENCE, 31. pp. 331-341.

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Abstract

This paper deals with the inventory-production control problem where the produced items are assumed to deteriorate at a rate that depends on the demand rate of the production system. The state of this production system is assumed to be described by a continuous-time Markov process taking values in a finite discrete space. The inventory-production control problem is formulated as a stochastic optimal control problem. The optimal policy that solves the optimal control problem is obtained in terms of a set of coupled Riccati equations. The guaranteed cost problem is also treated. A numerical example is provided to show the usefulness of the proposed model.

Item Type:	Article
Subjects:	Systems
Department:	College of Computing and Mathematics > lndustrial and Systems Engineering
Depositing User:	MR. ATIQ WALIULLAH SIDDIQUI
Date Deposited:	11 Jun 2008 06:38
Last Modified:	01 Nov 2019 13:44
URI:	http://eprints.kfupm.edu.sa/id/eprint/2420