Accession Number : AD0685592

Title :   SURVEILLANCE PROBLEMS: TWO-DIMENSIONAL SYMMETRIC RANDOM WALK UNDER CONTINUOUS SURVEILLANCE.

Descriptive Note : Technical rept.,

Corporate Author : FLORIDA STATE UNIV TALLAHASSEE DEPT OF STATISTICS

Personal Author(s) : Russell,C. Bradley

Report Date : JUL 1968

Pagination or Media Count : 29

Abstract : The paper a sequel to AD-655 159, is concerned with optimal strategies for controlling a two-component symmetric random walk production process under continuous surveillance. Either or both components may be repaired at any time at some cost. A form of long-run average income is used as the criterion for comparing strategies. The class of non-randomized stationary strategies which do not permit hesitation and which allow production on only a finite number of states is shown to be a complete class of strategies under certain assumptions of monotonicity and symmetry on the income function. Properties of optimal strategies are derived and methods are given for evaluating the income criterion for the admissible strategies. The results are applied to obtaining the optimal strategy in a numerical example. (Author)

Descriptors :   (*MANAGEMENT PLANNING AND CONTROL, PRODUCTION CONTROL), (*PRODUCTION CONTROL, STOCHASTIC PROCESSES), (*QUALITY CONTROL, ADAPTIVE SYSTEMS), CONTROL SYSTEMS, COSTS, MAINTENANCE, MATHEMATICAL MODELS, SEQUENTIAL ANALYSIS, THEOREMS

Subject Categories : Administration and Management
      Operations Research

Distribution Statement : APPROVED FOR PUBLIC RELEASE