UGC Approved Journal no 63975(19)

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Published in:

Volume 5 Issue 11
November-2018
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIRDR06065


Registration ID:
229662

Page Number

397-401

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Title

Stochastic Modeling of a complex systems using Markov Chains

Abstract

Markov chains are being relegated to the list to rarely used stochastic modeling techniques for availability modeling of complex systems. In modern period of mechanization there is requirement to use high end equipment to achieve the anticipated production targets. Therefore, the main job of plant manager/ engineer is to ensure availability to these equipment’s in a plant for high profit ratio. Hence, availability assessment of a plant is essential in current scenario. There are many tools and techniques for availability assessment, but Markov chains is most widely used by researchers for stochastic modeling. This Paper presents the use of Markov chain for modeling of a complex system using reachability graphs.

Key Words

Markov, Availability, Simulation, Reachability Graph.

Cite This Article

"Stochastic Modeling of a complex systems using Markov Chains", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 11, page no.397-401, November 2018, Available :http://www.jetir.org/papers/JETIRDR06065.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Stochastic Modeling of a complex systems using Markov Chains", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 11, page no. pp397-401, November 2018, Available at : http://www.jetir.org/papers/JETIRDR06065.pdf

Publication Details

Published Paper ID: JETIRDR06065
Registration ID: 229662
Published In: Volume 5 | Issue 11 | Year November-2018
DOI (Digital Object Identifier):
Page No: 397-401
Country: -, -, - .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


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