Inventory control and LQG: Connections and extensions
2010pp. 4391–4396
Citations Over Time
Abstract
This paper presents a review of two classical business approaches to inventory control. This is followed by a discussion of an engineering approach using Linear Quadratic Gaussian (LQG) control. The main result is to show that under certain conditions all three methods generate the same policy. Using the state-space model of the LQG formulation, we explore the multi-echelon system and model uncertainty cases.
Related Papers
- → Formulas for Discrete Time LQR, LQG, LEQG and Minimax LQG Optimal Control Problems(2008)36 cited
- → Precise integration method for LQG optimal measurement feedback control problem(2000)8 cited
- → LQG Control Design for Vehicle Active Anti-Roll Bar System(2014)8 cited
- Evaluation performance of linear quadratic regulator and linear quadratic gaussian controllers on quadrotor platform(2018)
- Robust controller for damping power system oscillations(2005)