Singular controls in an inventory management model

E. Khmelnitsky

doi:10.2316/p.2010.675-048

Singular controls in an inventory management model

E. Khmelnitsky^*

^*Corresponding author for this work

Department of Industrial Engineering

Research output: Contribution to journal › Conference article › peer-review

Abstract

This work addresses a problem of inventory control with the reputation of a firm being a dynamic factor influencing the distribution of future demand. The analysis of the singularity of the optimality conditions stated for the problem allows formulating some structural properties of optimal dynamics of inventory and reputation.

Original language	English
Pages (from-to)	216-217
Number of pages	2
Journal	Proceedings of the IASTED International Conference on Modelling, Identification and Control
DOIs	https://doi.org/10.2316/p.2010.675-048
State	Published - 2010
Event	29th IASTED International Conference on Modelling, Identification and Control, MIC 2010 - Innsbruck, Austria Duration: 15 Feb 2010 → 17 Feb 2010

Keywords

Inventory control
Reputation
State-costate dynamics

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10.2316/p.2010.675-048

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abstract = "This work addresses a problem of inventory control with the reputation of a firm being a dynamic factor influencing the distribution of future demand. The analysis of the singularity of the optimality conditions stated for the problem allows formulating some structural properties of optimal dynamics of inventory and reputation.",

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author = "E. Khmelnitsky",

year = "2010",

doi = "10.2316/p.2010.675-048",

language = "אנגלית",

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journal = "Proceedings of the IASTED International Conference on Modelling, Identification, and Control, MIC",

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KW - Reputation

KW - State-costate dynamics

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DO - 10.2316/p.2010.675-048

M3 - מאמר מכנס

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JO - Proceedings of the IASTED International Conference on Modelling, Identification, and Control, MIC

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Y2 - 15 February 2010 through 17 February 2010

ER -

Singular controls in an inventory management model

Abstract

Keywords

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