Dynamical systems and operations research: A basic model
Open Access
- 1 January 2001
- journal article
- Published by American Institute of Mathematical Sciences (AIMS) in Discrete and Continuous Dynamical Systems-Series B
- Vol. 1 (2) , 209-218
- https://doi.org/10.3934/dcdsb.2001.1.209
Abstract
Operations Research and Logistics are the areas, where traditionally only stochastic models were applied. However, recently this situation started to change, and dynamical systems are becoming to be recognized as the relevant models in manufacturing, managing supply chains, conditioned based maintenance, etc. We discuss the simplest basic model for these processes and prove some results on its global dynamics. The general approach to a management of such processes (Stabilization of a Target Regime or STR method) is outlined and illustrated.Keywords
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