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Optimal Strategies for Inventory Control Systems with a Convex Cost Function

✍ Scribed by S. S. Demchenko; A. P. Knopov; V. A. Pepelyaev

Book ID
110273753
Publisher
Springer US
Year
2000
Tongue
English
Weight
50 KB
Volume
36
Category
Article
ISSN
1573-8337

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Linear–quadratic optimal control strateg
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✍ PrzemysΕ‚aw Ignaciuk; Andrzej Bartoszewicz πŸ“‚ Article πŸ“… 2010 πŸ› Elsevier Science 🌐 English βš– 802 KB

The paper addresses the problem of efficient inventory management in production-inventory systems focusing on the dynamical nature of goods flow process. In the considered systems, the stock used to satisfy an unknown, time-varying demand is replenished either from a single or from multiple supply s