Dynamic optimisation of a production-inventory control system with two pipelines feedback

Huthaifa AL-Khazraji
Interest in the need to have a strong upstream and downstream integration within production-inventory systems has arisen recently as a means to gain a competitive market position. As to the methods of achieving this, companies need to investigate the dynamic implications of ordering strategies and different feedback control mechanisms to optimise inventory levels and reduce negative consequences such as order amplification. The dynamics of a production-inventory control system consisting of a single product, one manufacturer...
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