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Introduction

  • Vassilis S. Kouikoglou
  • Yannis A. Phillis
Chapter

Abstract

Production of goods is a process of transforming matter from one form into another. This process together with the production of services is the basis of the economic activity. Production is a complex activity subject, among others, to the laws of physics and human decisions. The latter determine to a good degree the efficacy of production.

Keywords

Markov Chain Geometric Distribution Production Network Probability Mass Function Continuous Time Markov Chain 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Science+Business Media New York 2001

Authors and Affiliations

  • Vassilis S. Kouikoglou
    • 1
  • Yannis A. Phillis
    • 1
  1. 1.Technical University of CreteChaniaGreece

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