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What is Exogenous Variable

Chapter 14
Handbook of Research on Applied Optimization Methodologies in Manufacturing Systems
Is a known variable that it is out of the system and do not depend on the variable of the system.
Published in Chapter:
The Use of Optimal Control Theory as a Benchmarking Tool in Production-Inventory Systems
Paulo Nocera Alves Jr. (University of São Paulo (USP), Brazil) and Elmer Pablo Tito Cari (University of São Paulo (USP), Brazil)
Copyright: © 2018 |Pages: 25
DOI: 10.4018/978-1-5225-2944-6.ch014
Abstract
This chapter addresses some issues related to some Optimal Control Theory (OCT) problems (for example, impossible analytical solution because of an unsolvable integral, or punctual parameters that were unrealistic). It is proposed the use of OCT as a benchmarking tool to analyze inventory control systems to enhance parameters. In addition, the application of methods and heuristics in solving these problems is also described. These methods are discussed and applied in calculating the production and inventory functions using data of accounting variables of USA and Brazil companies, available in the Economatica software data base. Eventually, the results are compared and some recommendations about the advantages and disadvantages of each method are accomplished.
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Chapter 7
Optimizing the Production Parameters of Peasant Holdings for Industrial Development in the Digitalization Era
Is used for setting arbitrary external conditions, and not in achieving a more realistic model behavior. An exogenous variable is a variable that is not affected by other variables in the system.
Published in Chapter: Optimizing the Production Parameters of Peasant Holdings for Industrial Development in the Digitalization Era; From: Avatar-Based Control, Estimation, Communications, and Development of Neuron Multi-Functional Technology Platforms
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Chapter 8
Peasant Farms and Industrial Development: Mathematical Approach to Analysis and Planning
Is used for setting arbitrary external conditions, and not in achieving a more realistic model behavior. An exogenous variable is a variable that is not affected by other variables in the system.
Published in Chapter: Peasant Farms and Industrial Development: Mathematical Approach to Analysis and Planning; From: Avatar-Based Control, Estimation, Communications, and Development of Neuron Multi-Functional Technology Platforms
Full Text Chapter Download: US $37.50 Add to Cart
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