{ "id": "1403.6952", "version": "v1", "published": "2014-03-27T08:54:06.000Z", "updated": "2014-03-27T08:54:06.000Z", "title": "Optimal pricing control in distribution networks with time-varying supply and demand", "authors": [ "Mathias Bürger", "Claudio De Persis", "Frank Allgöwer" ], "comment": "Submitted to 21st International Symposium on Mathematical Theory of Networks and Systems (MTNS) in December 2013", "categories": [ "math.OC", "cs.SY" ], "abstract": "This paper studies the problem of optimal flow control in dynamic inventory systems. A dynamic optimal distribution problem, including time-varying supply and demand, capacity constraints on the transportation lines, and convex flow cost functions of Legendre-type, is formalized and solved. The time-varying optimal flow is characterized in terms of the time-varying dual variables of a corresponding network optimization problem. A dynamic feedback controller is proposed that regulates the flows asymptotically to the optimal flows and achieves in addition a balancing of all storage levels.", "revisions": [ { "version": "v1", "updated": "2014-03-27T08:54:06.000Z" } ], "analyses": { "keywords": [ "optimal pricing control", "distribution networks", "time-varying", "dynamic optimal distribution problem", "convex flow cost functions" ], "note": { "typesetting": "TeX", "pages": 0, "language": "en", "license": "arXiv", "status": "editable", "adsabs": "2014arXiv1403.6952B" } } }