Dampening bullwhip effect of order-up-to inventory strategies via an optimal control method

DOI10.3934/naco.2013.3.655zbMath1276.90033OpenAlexW2013797689MaRDI QIDQ380348

Guanglu Zhou, Louis Caccetta, Honglei Xu, Peng Sui

Publication date: 13 November 2013

Published in: Numerical Algebra, Control and Optimization (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.3934/naco.2013.3.655

zbMATH Keywords

optimal controlbullwhip effectorder-up-to inventory strategy

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Numerical problems in dynamical systems (65P99)

Related Items (3)

A Computational Approach to Optimal Control Problems with Almost Smooth Controls ⋮ Ergodic control for a mean reverting inventory model ⋮ Reducing the Bullwhip effect in a supply chain network by application of optimal control theory

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