Groupe d’études et de recherche en analyse des décisions

G-89-37

A Markov Renewal Analysis of the Production Control of a Flexible Manufacturing System under Hedging Point Policies

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The transient statistical evolution of a single product manufacturing system under hedging point control policies is characterized via a system of coupled partial differential equations. The Markov renewal nature of the controlled process is demonstrated, and used to discuss issues of ergodicity, and speed of convergence to steady-state.

, 31 pages