In a competitive world, research in manufacturing systems plays an important role in creating, updating and improving the technologies and management practices of the economy. This volume presents some of the most recent results in stochastic manufacturing systems. Experts from the fields of applied mathematics, engineering and management sciences review and substantially update the recent advances in the control and optimization of manufacturing systems. Recent Advances in Control and Optimization of Manufacturing Systems consists of eight chapters divided into three parts which focus on Optimal Production Planning, Scheduling and Improvability and Approximate Optimality and Robustness. This book is intended for researchers and practitioners in the fields of systems theory, control and optimization, and operation management as well as in applied probability and stochastic processes.

Product Description: In today's economy, job loss will likely affect each of us at some point in our careers. Layoffs used to happen only when times were tough, but even a bustling economy is no protection when positions are eliminated, plants are closed, and jobs are shipped overseas in search of even higher profit margins...read more