Predictive Control of Inventory Management in Supply Chain Systems with Uncertain Demands and Time Delays

Biomass supply chain resilience: integrating demand and availability predictions into routing decisions using machine learning

“…They try to define patterns for a drugstore such that it can place an order to its supplier to restock quickly [38]. Yang, et al, provide a predictive control strategy for inventory management considering uncertainties in demand and time delays [39].…”

MPC-Based Change Management of Supply Chain Under Disruption Risks: The Case of Battery Industry

“…MPC-based decision strategy is effectively used for inventory management with uncertain supply and demand, which dramatically reduces the redundant stock and financial costs [9]. Furthermore, MPC policy is also successfully verified for multimedicine inventory management in a hospital [10]. However, only ordering process is studied, and disruptions are also not considered.…”