Hierarchical Decision Making in Stochastic Manufacturing Systems is popular PDF and ePub book, written by Suresh P. Sethi in 2012-12-06, it is a fantastic choice for those who relish reading online the Technology & Engineering genre. Let's immerse ourselves in this engaging Technology & Engineering book by exploring the summary and details provided below. Remember, Hierarchical Decision Making in Stochastic Manufacturing Systems can be Read Online from any device for your convenience.
Hierarchical Decision Making in Stochastic Manufacturing Systems Book PDF Summary
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.
Detail Book of Hierarchical Decision Making in Stochastic Manufacturing Systems PDF
- Author : Suresh P. Sethi
- Release : 06 December 2012
- Publisher : Springer Science & Business Media
- ISBN : 9781461202851
- Genre : Technology & Engineering
- Total Page : 420 pages
- Language : English
- PDF File Size : 7,9 Mb
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