Enterprise production quality optimization model based on Markov chain

In the 21st century, rapid technological advancements have presented various challenges in product quality management for enterprises. A comprehensive quality management system supports the entire product lifecycle, while effective production decision-making enhances competitiveness. Each step in the production decision process impacts profitability. Markov chains can be utilized to identify and define the states and behaviors of products throughout their journey from production to sale. This approach aids in determining optimal regression decision strategies for different components and processes. Such optimization improves market structure, reduces management costs, and ultimately boosts profits. By addressing these elements systematically, companies can navigate the complexities of modern manufacturing and maintain a competitive edge in the marketplace. Integrate advanced analytics with Markov chain models to enable predictive maintenance and quality prediction. This proactive approach can help companies anticipate problems before they escalate, ensuring improved product reliability and customer satisfaction in an increasingly competitive environment.

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Publication Details

Journal
Highlights in Business Economics and Management
Published
2025-02-27
DOI
https://doi.org/10.54097/s2v49p92
Primary Topic
Digital Transformation in Industry
Type
article
Field-Weighted Citation Impact
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article

Enterprise production quality optimization model based on Markov chain

Aoyu Wang, Decheng Zhang, Huiling Yang, A. Lu
Highlights in Business Economics and Management
Digital Transformation in Industry
article

Enterprise production quality optimization model based on Markov chain

Aoyu Wang, Decheng Zhang, Huiling Yang, A. Lu
article en

Abstract

In the 21st century, rapid technological advancements have presented various challenges in product quality management for enterprises. A comprehensive quality management system supports the entire product lifecycle, while effective production decision-making enhances competitiveness. Each step in the production decision process impacts profitability. Markov chains can be utilized to identify and define the states and behaviors of products throughout their journey from production to sale. This approach aids in determining optimal regression decision strategies for different components and processes. Such optimization improves market structure, reduces management costs, and ultimately boosts profits. By addressing these elements systematically, companies can navigate the complexities of modern manufacturing and maintain a competitive edge in the marketplace. Integrate advanced analytics with Markov chain models to enable predictive maintenance and quality prediction. This proactive approach can help companies anticipate problems before they escalate, ensuring improved product reliability and customer satisfaction in an increasingly competitive environment.

Highlights in Business Economics and ManagementVol. 51
Openalex Percentile: Top 90%
Digital Transformation in Industry
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Enterprise production quality optimization model based on Markov chain — Aoyu Wang, Decheng Zhang, et al. · Highlights in Business Economics and Management (2025) | TGRS Research Map | TGRS