Accession Number:

AD0738961

Title:

Operating Policy Optimization Using the Markov Process as a System Model,

Descriptive Note:

Corporate Author:

ARMY MATERIEL COMMAND TEXARKANA TEX INTERN TRAINING CENTER

Personal Author(s):

• Storrs,Walter A. , III

Report Date:

1969-05-01

Pagination or Media Count:

82.0

Abstract:

The objective of the paper is to present the Markov Process as a system model and to demonstrate two techniques for the optimization of a systems Operating Policy. The two techniques are fully explained in Chapters 1 and 2 and provide methods of choosing an Optimum Operating Policy from a set of possible policies. Chapters 3 and 4 contain the solution to two types of problems a direct application to determine and Optimum Operating Policy, and an extension of the analysis to determine final system specifications as in the case of a new system. The example problems demonstrate that in some cases, using the Markov Process as a system model is a more efficient method of analysis than a computerized simulation. Author

Descriptors:

• (*MANAGEMENT PLANNING AND CONTROL
• STOCHASTIC PROCESSES)
• (*RELIABILITY
• STOCHASTIC PROCESSES)
• MATRICES(MATHEMATICS)
• ITERATIONS
• COSTS
• COMPUTER PROGRAMS
• MATHEMATICAL MODELS
• SIMULATION

Subject Categories:

• Administration and Management
• Operations Research
• Manufacturing and Industrial Engineering and Control of Production Systems

Distribution Statement:

APPROVED FOR PUBLIC RELEASE