English

Optimal inflow control penalizing undersupply in transport systems with uncertain demands

Optimization and Control 2019-01-29 v1

Abstract

We are concerned with optimal control strategies subject to uncertain demands. An Ornstein-Uhlenbeck process describes the uncertain demand. The transport within the supply system is modeled by the linear advection equation. We consider different approaches to control the produced amount at a given time to meet the stochastic demand in an optimal way. In particular, we introduce an undersupply penalty and analyze its effect on the optimal output in a numerical simulation study.

Keywords

Cite

@article{arxiv.1901.09653,
  title  = {Optimal inflow control penalizing undersupply in transport systems with uncertain demands},
  author = {Simone Göttlich and Ralf Korn and Kerstin Lux},
  journal= {arXiv preprint arXiv:1901.09653},
  year   = {2019}
}