Variance of the Output as a Function of Time: Production Line Dynamics
We consider Markovian models of discrete materials flow production systems. The transient behavior of a production line is investigated. Namely, mean and variance of the number of parts produced in a given time period conditioned on an arbitrary initial condition is determined by using a Markov reward model. Closed-form expression for the variance of the output from a single unreliable station is derived to illustrate the procedure.
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|Date of creation:||1997|
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Web page: http://case.ku.edu.tr/tr/econ/home
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