Stock Management in the Presence of Perception Delays

摘要：

In System Dynamics literature there are many studies on managing a stock in the presence of a supply line delay. If the supply line delay is ignored, the stock might oscillate. Furthermore, these oscillations might be unstable. A fast and stable behavior in the stock can be observed if the supply line delay is considered fully in the control decisions. However, all these studies implicitly assume that the stock under consideration is perceived instantaneously. What may happen if the stock can only be perceived after a long delay? If not considered accordingly,perception delays may also result in unstable oscillations, which is an expected behavior. In this paper, first the resulting oscillatory behavior in the presence of a perception delay,is demonstrated. Later, a proposed solution that considers the perception delay in the stock control decisions, is discussed. Resulting behavior is a significant improvement.

关键词： stock management oscillations stability control system control decision perception delay supply line delay.

作者: Hakan Yasarcan

作者单位: Accelerated Learning Laboratory Australian School of Business Incorporating AGSM University of New South Wales Sydney, NSW 2052 - Australia

会议类型: 国际会议

会议名称: 2007 Conference on Systems Science, Management Science and System Dynamics(第二届系统科学、管理科学与系统动力学国际会议)

会议地点: 上海

会议语种:英文

页码: 2655-2660

在线出版日期: 2007-10-19（万方平台首次上网日期，不代表论文的发表时间）