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):
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:
Subject Categories:
- Administration and Management
- Operations Research
- Manufacturing and Industrial Engineering and Control of Production Systems