Stochastic Modeling and Availability Optimization of Nuts Manufacturing Plant Using Markov Process and Particle Swarm Optimization

Availability is the key system effectiveness measure in process industries, manufacturing plants, and treatment plants like sewage, e-waste etc. The nut-bolt manufacturing industry is very prominent in manufacturing sector. The present work is proposed with a motto to develop a stochastic framework...

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Bibliographic Details
Main Authors: Naveen Kumar, Ashish Kumar, Deepak Sinwar, Monika Saini
Format: Article
Language:English
Published: Austrian Statistical Society 2024-12-01
Series:Austrian Journal of Statistics
Online Access:https://www.ajs.or.at/index.php/ajs/article/view/1922
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