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Control limits for a drifting process with quadratic loss

 

作者: ZVI DREZNER,   G. O. WESOLOWSKY,  

 

期刊: International Journal of Production Research  (Taylor Available online 1989)
卷期: Volume 27, issue 1  

页码: 13-20

 

ISSN:0020-7543

 

年代: 1989

 

DOI:10.1080/00207548908942526

 

出版商: Taylor & Francis Group

 

数据来源: Taylor

 

摘要:

This paper finds an optimal control policy for a production process that shifts randomly, but with drift, during production. The cost of deviation from the optimal setting is quadratic, and possibly asymmetric. The process may be reset at a fixed cost. Two models where the process drifts by discrete steps are explored and optimized. Use of these models to approximate continuous process shifts is discussed.

 

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