Skip to main content

Point-Wise Risk Processes

Periodic Type Strategy

  • Chapter
Manufacturing and Service Enterprise with Risks

Part of the book series: International Series in Operations Research & Management Science ((ISOR,volume 125))

  • 685 Accesses

A macro-level (or economic) problem for job-shop production in Matsui [2, 3] is extended here to the case of changeable production capacity. Job orders have variable estimated prices and arrive frequently at irregular or random intervals.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 84.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 139.00
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  • Fujiwara, H. and Matsui, M., Order-Selection and Switch-Over Policies for Controlling the Backlog, Journal of Japan Industrial Management Association, 40(4), 218–224, 1989 (in Japanese)

    Google Scholar 

  • Matsui, M., Job-shop Model: A M/(G,G)/1(N) Production System with Order Selection, International Journal of Production Research, 20(2), 201–210, 1982

    Article  Google Scholar 

  • Matsui, M., Optimal Order-Selection Policies for a Job Shop Production System, International Journal of Production Research, 23(1), 21–31, 1985

    Article  Google Scholar 

  • Matsui, M., On a Joint Policy of Order-Selection and Switch-Over, Journal of Japan Industrial Management Association, 39(2), 83–87, 1988 (in Japanese)

    Google Scholar 

  • Matsui, M., Yang, G. and Miya, T., Optimal Control of a Job-Shop Production System with Order-Selection and Switch-Over, International Journal of Production Research, 37(1), {73–90}, 1999

    Article  Google Scholar 

  • Morris, P., Introduction to Game Theory, Springer, Berlin, 1991

    Google Scholar 

  • Muramatsu, R., New Principles of Production Management, Kunimoto shobo, Tokyo, Japan, 267–277, 1979 (in Japanese)

    Google Scholar 

  • ten Kate, H.A., Towards a Better Understanding of Order Acceptance, International Journal of Production Economics, 37, 139–152, 1994

    Article  Google Scholar 

  • Tijms, H.C., On the Optimality of a Switch-Over Policy for Controlling the Queue Size in a M/G/1 Queue with Variable Service Rates: Optimization Techniques, In: G. Goos and J. {Hartmanis} (eds.), Optimization Techniques, Springer, Berlin, 736–741, 1976

    Google Scholar 

  • Tijms, H.C., On a Switch-Over Policy for Controlling the Workload in a System with Two Constant Service Rates and Fixed Switch-Over Costs, Zeitschrift für Operations Research, 21, 19–32, 1977

    Article  Google Scholar 

  • Tijms, H.C., An Algorithm for Average Costs Denumerable State Semi-Markov Decision Problems with Application to Controlled Production and Queueing System, In: R. Hartly and D.L. White (eds.), Recent Developments in Markov Decision Processes, Academic, London, 143–179, 1980

    Google Scholar 

  • Tijms, H.C., Stochastic Modelling and Analysis: A Computational Approach, Wiley, Chichester, 1986

    Google Scholar 

  • Ross, S.M., Applied Probability Models with Optimization Applications, Holden-Day, San Francisco, 1970

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Rights and permissions

Reprints and permissions

Copyright information

© 2009 Springer Science+Business Media, LLC

About this chapter

Cite this chapter

Matsui, M. (2009). Point-Wise Risk Processes. In: Manufacturing and Service Enterprise with Risks. International Series in Operations Research & Management Science, vol 125. Springer, Boston, MA. https://doi.org/10.1007/978-0-387-84804-4_10

Download citation

Publish with us

Policies and ethics