System and method for continuous supply chain control and optimization using stochastic calculus of variations approach
US8036758B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Apr 7, 2008 |
| Grant date | Oct 11, 2011 |
| Priority date | — |
| Expiry date | Apr 9, 2029 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q10/06315
- WIPO fieldControl
- WIPO sectorInstruments
Abstract
A system includes a first controller configured to monitor processes associated with a process facility and to generate control data for optimizing the process facility. The system also includes a second controller configured to use stochastic calculus of variations calculations to modify at least a portion of the control data and provide one of (i) continuous supply chain control and optimization for the process facility and (ii) discrete supply chain control and optimization for the process facility. The system further includes third controllers configured to operate in accordance with the control data to control the processes and to optimize the process facility.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.