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Inventory Trigger Control Policies Developed in Terms of Control Theory
Jönköping University, School of Engineering, JTH, Industrial Engineering and Management. Jönköping University, School of Engineering, JTH. Research area Industrial Engineering and Management.
1996 (English)In: International Journal of Production Economics, ISSN 0925-5273, E-ISSN 1873-7579, Vol. 45, no 1-3, p. 397-406Article in journal (Refereed) Published
Abstract [en]

In this article we model standard inventory ordering rules in terms of control systems theory. A differential equation is designed describing the development of a system in which an input signal reaching a predefined level triggers an output. The reorder point of inventory control systems may be interpreted as such a level triggering a replenishment. Systems using this kind of control are frequent in a variety of applications. Apart from inventory, domestic heat and pressure control are but two examples.

Place, publisher, year, edition, pages
1996. Vol. 45, no 1-3, p. 397-406
Keywords [en]
Control theory, Trigger, Systems dynamics, Inventory control, Feedback systems
National Category
Engineering and Technology
Identifiers
URN: urn:nbn:se:hj:diva-2928DOI: 10.1016/0925-5273(96)00018-7OAI: oai:DiVA.org:hj-2928DiVA, id: diva2:33748
Available from: 2007-07-09 Created: 2007-07-09 Last updated: 2017-12-12Bibliographically approved

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Wikner, Joakim

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