Managing supply chains with model predictive control
First Claim
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1. A method comprising:
- entering a demand prediction for a discrete component product manufactured in a supply chain into a model predictive controller;
entering inventory information for an inventory in the supply chain that is associated with the discrete component product into the model predictive controller; and
controlling the inventory with the model predictive controller based on the demand prediction.
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Abstract
Entering a demand prediction for a discrete component product manufactured in a supply chain into a model predictive controller, entering inventory information for an inventory in the supply chain that is associated with the discrete component product into the model predictive controller, and controlling the inventory with the model predictive controller based on the demand prediction is disclosed.
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Citations
23 Claims
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1. A method comprising:
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entering a demand prediction for a discrete component product manufactured in a supply chain into a model predictive controller;
entering inventory information for an inventory in the supply chain that is associated with the discrete component product into the model predictive controller; and
controlling the inventory with the model predictive controller based on the demand prediction. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
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11. A machine-readable medium having stored thereon data representing sequences of instructions that, if executed, cause a machine to:
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receive a demand prediction for a discrete component product manufactured in a supply chain;
receive inventory information for an inventory in the supply chain that is associated with the discrete component product; and
control the inventory based on model predictive control, and based on the demand prediction. - View Dependent Claims (12, 13, 14, 15)
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16. An apparatus comprising:
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a memory to store inventory information for a discrete component inventory, inventory information for a discrete component product inventory, and a demand prediction for a discrete component product; and
a model predictive controller to control the discrete component inventory based on model predictive control, based on the inventory information for the inventories, and based on the predicted demand for the discrete component. - View Dependent Claims (17, 18, 19)
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20. A supply chain management system comprising:
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an inventory system to maintain inventory information for a discrete component inventory; and
an apparatus comprising;
a communication device to provide a communication link to a network to receive the inventory information;
a memory to store the received inventory information and a demand prediction for a discrete component product associated with the discrete component inventory; and
a model predictive controller to control the discrete component inventory based on model predictive control, based on the inventory information, and based on the predicted demand for the discrete component product. - View Dependent Claims (21, 22, 23)
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Specification