Stochastic Models: Preliminaries

Michael L. Pinedo ()
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Michael L. Pinedo: New York University

Chapter Chapter 9 in Scheduling, 2012, pp 247-265 from Springer

Abstract: Abstract Production environments in the real world are subject to many sources of uncertainty or randomness. Sources of uncertainty that may have a major impact include machine breakdowns and unexpected releases of high priority jobs. Another source of uncertainty lies in the processing times, which are often not precisely known in advance. A good model for a scheduling problem should address these forms of uncertainty.

Keywords: Processing Time; Completion Rate; Single Machine; Stochastic Dominance; Continuous Random Variable (search for similar items in EconPapers)
Date: 2012
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DOI: 10.1007/978-1-4614-2361-4_9

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