Analysing performance-based contract for manufacturing systems using absorbing state Markov chain.
Pradipta PatraU. Dinesh KumarPublished in: Int. J. Adv. Oper. Manag. (2017)
Keyphrases
- markov chain
- manufacturing systems
- transition probabilities
- state space
- steady state
- markov process
- monte carlo
- finite state
- random walk
- markov model
- state transition
- stochastic process
- stationary distribution
- monte carlo simulation
- manufacturing processes
- monte carlo method
- manufacturing environment
- petri net
- state dependent
- transition matrix
- search space
- holonic manufacturing systems