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Optimization for supply chain models with policies

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  • Herty, M.
  • Ringhofer, C.

Abstract

We develop a methodology to investigate optimal dynamic policies for a large class of supply networks. The basic underlying model is a fluid dynamic model for continuous product flows in continuous time. Discrete as well as continuous controls are implemented.

Suggested Citation

  • Herty, M. & Ringhofer, C., 2007. "Optimization for supply chain models with policies," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 380(C), pages 651-664.
    • Handle: RePEc:eee:phsmap:v:380:y:2007:i:c:p:651-664
    DOI: 10.1016/j.physa.2007.02.043
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    References listed on IDEAS

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    1. Dieter Armbruster & Daniel E. Marthaler & Christian Ringhofer & Karl Kempf & Tae-Chang Jo, 2006. "A Continuum Model for a Re-entrant Factory," Operations Research, INFORMS, vol. 54(5), pages 933-950, October.
    2. Newell, G. F., 1993. "A simplified theory of kinematic waves in highway traffic, part I: General theory," Transportation Research Part B: Methodological, Elsevier, vol. 27(4), pages 281-287, August.
    3. Newell, G. F., 1993. "A simplified theory of kinematic waves in highway traffic, part III: Multi-destination flows," Transportation Research Part B: Methodological, Elsevier, vol. 27(4), pages 305-313, August.
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    Cited by:

    1. Göttlich, S. & Herty, M. & Ringhofer, C., 2010. "Optimization of order policies in supply networks," European Journal of Operational Research, Elsevier, vol. 202(2), pages 456-465, April.

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