Comparing Markov Chains: Aggregation and Precedence Relations Applied to Sets of States, with Applications to Assemble-to-Order Systems

Ana Busic, Ingrid M. H. Vliegen, Alan Scheller-Wolf

Abstract: Solving Markov chains is, in general, difficult if the state space of the chain is very large (or infinite) and lacking a simple repeating structure. One alternative to solving such chains is to co...