A Stochastic Control Model for the Average Price of Manufacturer Sales on Commodity Exchanges

被引：3

作者：

Vavilov, S. A. ^{[1
]}

Kuznetsov, K. S. ^{[1
]}

机构：

[1] St Petersburg State Univ, St Petersburg, Russia

来源：

AUTOMATION AND REMOTE CONTROL | 2019年 / 80卷 / 06期

关键词：

commodity exchanges; random processes; sales management;

D O I：

10.1134/S0005117919060080

中图分类号：

TP [自动化技术、计算机技术];

学科分类号：

0812 ;

摘要：

We propose an approach for controlling the weighted average price of a manufacturers sales on commodity exchanges. This problem is highly relevant due to the need for the manufacturer to hedge their profits in case of a sharp drop in market prices. We consider applications of the proposed control to executing trading operations on real commodity exchanges in order to demonstrate its efficiency.

引用

页码：1098 / 1108

页数：11

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