State‐Space Modeling of Cyclical Supply, Seasonal Demand, and Agricultural Inventories
用状态空间模型处理农产品供给的交替丰歉周期和需求的季节性波动,并利用线性二次控制确定最优库存水平,对农业库存管理有参考价值。
Abstract The production of certain agricultural products follows an alternate bearing pattern of large and small crops. Many agricultural products also experience seasonal shifts in demand. Such patterns present a natural opportunity for profitable inventories. This paper applies state‐space modeling techniques to the problem of modeling cyclical patterns in supply and demand and presents an application to the determination of inventory levels for such agricultural products using linear quadratic control.