Transition Analysis Using Markov Chains In Denim Manufacturing

Authors

  • S. Sathyapriya  Assistant Professor, Sri Krishna Arts and Science College, Coimbatore, Tamil Nadu, India
  • S. Sweka  UG Scholar Department of Mathematics, Sri Krishna Arts and Science College, Tamil Nadu, India
  • S. Vishalakshi  UG Scholar Department of Mathematics, Sri Krishna Arts and Science College, Tamil Nadu, India

DOI:

https://doi.org/10.32628/IJSRST196437

Keywords:

Markov Chains, Probability, Equilibrium

Abstract

The main aim of this paper is to show how markov chains models is used in the real life. Markov chains has been used in denim manufacturing, finance, marketing and in many fields. This paper particularly explores the use of markov chains in the denim manufacturing. Markov chains plays a very important role in determining transition probabilities in the products, retention probabilities in dyeing, optimum acid level in washing denim.

References

  1. W.Jun and W.Juan, “Stochastic Process and Its Financial Application”, Beijing Tsinghua University Press and Beijing Jiatong University Press, (2007), pp. 96-97
  2. P.Zhi – Hang, X. Le- Tian and S. Yong – Mei, “ Application of Weighted Markov Chain in the Prediction of Year’s Harvest of Crops”, Mathematics in Practice and Theory, (2005), pp. 30-35
  3. H.E. Roman and M. Porto, “ Fractional Brownian motion with stochastic variance: modeling absolute returns in stock markets”, International Journal of Modern Physics, C. Physics and computers, vol 19, no.8 (2008), pp.1221-1242
  4. Q.L. Song and C. Song, ”Application of Markov Chain in the Prediction of Market Economy”, Journal of Business Research, vol 2, (2009) pp. 46-69
  5. J. Yue- Zhi and S. Lei, “ Markov Chain and its Application in Economic Prediction”, Journal of ChangChun University of Technology, vol. 24, no. 2 (2003), pp. 26-28
  6. J-J. Sun, “Application of Markov Method in Teaching Evaluation and Educational Prediction”, Educational Research and Experiment, vol. 1,(1991), pp.369-371

International Journal of Scientific Research in Science and Technology

Downloads

Published

2019-08-30

Issue

Volume 6, Issue 4, July-August-2019

Section

Research Articles

License

Copyright (c) IJSRST

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite

[1]
S. Sathyapriya, S. Sweka, S. Vishalakshi "Transition Analysis Using Markov Chains In Denim Manufacturing" International Journal of Scientific Research in Science and Technology(IJSRST), Online ISSN : 2395-602X, Print ISSN : 2395-6011,Volume 6, Issue 4, pp.243-250, July-August-2019. Available at doi : https://doi.org/10.32628/IJSRST196437