Optimal control of a failure-prone machine under random demand

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Abstract

In this note, we consider a manufacturing system with random machine breakdowns, which is characterized by a fairly general probability distribution. The demand is not known during the finite planning horizon except the probability distribution of the cumulative demand at the end of the horizon. We propose a decomposition method that features a feedback control. Simulation is used to compare the average cost of the proposed method and that of the optimal solution. Our results of more than a hundred examples show that the difference between the two is less than 2.4%.

Original languageEnglish
Pages (from-to)900-905
Number of pages6
JournalIEEE Transactions on Automatic Control
Volume51
Issue number5
DOIs
StatePublished - May 2006

Keywords

  • Feedback
  • Newsboy problems
  • Optimal control
  • Unreliable machines

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