Research article Special Issues

An event-based decision and regulation strategy for the production-warehousing-selling model

  • Received: 13 April 2024 Revised: 16 July 2024 Accepted: 22 July 2024 Published: 26 July 2024
  • This paper focused on the decision and regulation for the production-warehousing-selling (P-W-S) model. A novel event-triggered mechanism (ETM) was meticulously developed to determine when to impose control, alongside the development of the corresponding impulsive strategy. By applying the input-to-state stability (ISS) theory, some quantitative relationships between system parameters and ETM were integrated into the estimation of the state of the P-W-S model. It was shown that under the designed ETM and impulsive strategy, the warehouse was able to autonomously adjust inventory levels based on factory production efficiency and market selling trends, and hence the quantity of goods could be maintained within a reasonable range, avoiding excessive inventory while adequately meeting market requirements. At last, an example with numerical simulations was presented to validate our results.

    Citation: Ziqi Liu. An event-based decision and regulation strategy for the production-warehousing-selling model[J]. Electronic Research Archive, 2024, 32(7): 4614-4631. doi: 10.3934/era.2024210

    Related Papers:

  • This paper focused on the decision and regulation for the production-warehousing-selling (P-W-S) model. A novel event-triggered mechanism (ETM) was meticulously developed to determine when to impose control, alongside the development of the corresponding impulsive strategy. By applying the input-to-state stability (ISS) theory, some quantitative relationships between system parameters and ETM were integrated into the estimation of the state of the P-W-S model. It was shown that under the designed ETM and impulsive strategy, the warehouse was able to autonomously adjust inventory levels based on factory production efficiency and market selling trends, and hence the quantity of goods could be maintained within a reasonable range, avoiding excessive inventory while adequately meeting market requirements. At last, an example with numerical simulations was presented to validate our results.



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