Stochastic Models: Preliminaries

Michael L. Pinedo ()
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Michael L. Pinedo: NYU Stern School of Business, Department of Technology, Operations, and Statistics

Chapter Chapter 9 in Scheduling, 2022, pp 251-269 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.

Date: 2022
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DOI: 10.1007/978-3-031-05921-6_9

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