Thats a unique idea.You should consider the following idea to enhance your idea so that it would impact uniquely: Policies for managing multi-echelon supply chains can be considered mathematically as large-scale dynamic programs, affected by uncertainty and incomplete information. Except for a few special cases, optimal solutions are computationally intractable for systems of realistic size.  proposes a novel approximation scheme using scenario-based model predictive control (SCMPC), based on recent results in scenario-based optimization. The presented SCMPC approach can handle supply chains with stochastic planning uncertainties from various sources (demands, lead times, prices, etc.) and of a very general nature (distributions, correlations, etc.). Moreover, it guarantees a specified customer service level, when applied in a rolling horizon fashion. At the same time, SCMPC is computationally efficient and able to tackle problems of a similar scale as manageable by deterministic optimization. For a large class of supply chain models, SCMPC may therefore offer substantial advantages over robust or stochastic optimization.
['Georg Schildbach', 'Manfred Morari']
I am writing a research paper on a idea Scenario-based model predictive control for multi-echelon supply chain management
[{"from": "human", "value": "I am writing a research paper on a idea Scenario-based model predictive control for multi-echelon supply chain management"}, {"from": "gpt", "value": "Thats a unique idea.You should consider the following idea to enhance your idea so that it would impact uniquely: Policies for managing multi-echelon supply chains can be considered mathematically as large-scale dynamic programs, affected by uncertainty and incomplete information. Except for a few special cases, optimal solutions are computationally intractable for systems of realistic size.  proposes a novel approximation scheme using scenario-based model predictive control (SCMPC), based on recent results in scenario-based optimization. The presented SCMPC approach can handle supply chains with stochastic planning uncertainties from various sources (demands, lead times, prices, etc.) and of a very general nature (distributions, correlations, etc.). Moreover, it guarantees a specified customer service level, when applied in a rolling horizon fashion. At the same time, SCMPC is computationally efficient and able to tackle problems of a similar scale as manageable by deterministic optimization. For a large class of supply chain models, SCMPC may therefore offer substantial advantages over robust or stochastic optimization."}]