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Optimum Buffer Capacity With Stochastic Queue

Name: Optimum Buffer Capacity With Stochastic Queue
Brand: LAP Lambert Academic Publishing
SKU: 07004401
Price: 17720 HUF
Availability: InStock
Author: Prashant Makwana
ISBN: 9783659267659

Handling The Production Mathematically

Prashant Makwana

Language

English

Book Paperback

Libristo code: 07004401

Publishers LAP Lambert Academic Publishing, November 2011

Probabilistic processing times, times between breakdowns and repair times make the amount of stock i... Full description

Libristo code: 07004401

121 b

17 720 Ft

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Probabilistic processing times, times between breakdowns and repair times make the amount of stock in buffers between stations in production lines behave as a stochastic process. Too much or too little buffer stock reduces system economy and efficiency, respectively. Optimum buffer capacities and initial stock levels for production lines employing a mathematical random walk approach based on the maximum and minimum values of a stochastic process in a time window can be obtained. Approximations can be provide for the purpose.