Inventory management via model predictive control based on demand forecast considering price change by particle filter

It is important to manage inventory adequately at a retail stores or wholesales. For this reason, we propose an inventory management method based on model predictive control. Model predictive control is an optimal operation method of dynamical systems and the process of stocks is able to be seen as...

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Bibliographic Details
Main Authors: Yusuke HISAMATSU, Tomoaki KOBAYASHI
Format: Article
Language:Japanese
Published: The Japan Society of Mechanical Engineers 2018-10-01
Series:Nihon Kikai Gakkai ronbunshu
Subjects:
Online Access:https://www.jstage.jst.go.jp/article/transjsme/84/867/84_18-00201/_pdf/-char/en