EconPapers    
Economics at your fingertips  
 

Agent‐based stochastic production lines design

D. J. Wu

Intelligent Systems in Accounting, Finance and Management, 2000, vol. 9, issue 4, 257-270

Abstract: An artificial agent‐based approach has been developed to improve the design and control of stochastic production lines. Genetic algorithms have been used as the premier agents learning mechanism. We benchmark our agent‐based approach with other well‐studied approaches such as infinitesimal perturbation analysis and mean‐value analysis methods. The performances of our agents are comparable with other approaches; in some cases, the agent‐based approach discovers even better solutions than the so‐called ‘optimal’ solutions by other approaches. The paper is one of the series of our work on multi‐agent intelligent enterprise modeling, and it seves as one of the most fundamental building blocks for other related works. © 2000 John Wiley & Sons, Ltd.

Date: 2000
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1002/1099-1174(200012)9:43.0.CO;2-4

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wly:isacfm:v:9:y:2000:i:4:p:257-270

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=1099-1174

Access Statistics for this article

More articles in Intelligent Systems in Accounting, Finance and Management from John Wiley & Sons, Ltd.
Bibliographic data for series maintained by Wiley Content Delivery ().

 
Page updated 2025-03-20
Handle: RePEc:wly:isacfm:v:9:y:2000:i:4:p:257-270