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Output-maximal control policies for cascaded production-inventory systems with control and state constraints. (English) Zbl 0649.90063
Optimal control policies are derived for cascaded production-inventory systems. As objectives, output maximization and the minimum time to produce a fixed output are considered. An example consisting of three subsystems is detailed to illustrate the proposed theory.
MSC:
90B30 Production models
90B05 Inventory, storage, reservoirs
49J15 Existence theories for optimal control problems involving ordinary differential equations
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[1] DOI: 10.1080/00207728008967066 · Zbl 0451.49024 · doi:10.1080/00207728008967066
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