Demand Management in Semiconductor Manufacturing: A Dynamic Pricing Approach Based on Fast Model Predictive Control

Davizón, Yasser A.; Lozoya, Jorge de J.; Soto, Rogelio

doi:10.1109/cerma.2010.66

Cited by 4 publications

(1 citation statement)

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“…The ordinary differential equation (ODE) for the dynamic system (DS) with damping is The present model in (1) describes the dynamics of massspring-damper second order dynamical system. Also, published by us [23] this model proposes a dynamic pricing for DM applying fast model predictive control approach. The present work is an extension of our previously published work.…”

Section: Finite Dimensional Formulation For Demand Managementmentioning

confidence: 99%

Demand Management Based on Model Predictive Control Techniques

Davizón

Soto

Rodríguez

et al. 2014

Mathematical Problems in Engineering

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Demand management (DM) is the process that helps companies to sell the right product to the right customer, at the right time, and for the right price. Therefore the challenge for any company is to determine how much to sell, at what price, and to which market segment while maximizing its profits. DM also helps managers efficiently allocate undifferentiated units of capacity to the available demand with the goal of maximizing revenue. This paper introduces control system approach to demand management with dynamic pricing (DP) using the model predictive control (MPC) technique. In addition, we present a proper dynamical system analogy based on active suspension and a stability analysis is provided via the Lyapunov direct method.

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Section: Finite Dimensional Formulation For Demand Managementmentioning

confidence: 99%