Standard

A Stochastic Control Model for the Average Price of Manufacturer Sales on Commodity Exchanges. / Vavilov, S.A.; Kuznetsov, K.S.

In: Automation and Remote Control, Vol. 80, No. 6, 06.2019, p. 1098-1108.

Research output: Contribution to journal › Article › peer-review

Harvard

Vavilov, SA & Kuznetsov, KS 2019, 'A Stochastic Control Model for the Average Price of Manufacturer Sales on Commodity Exchanges', Automation and Remote Control, vol. 80, no. 6, pp. 1098-1108. https://doi.org/10.1134/S0005117919060080

APA

Vavilov, S. A., & Kuznetsov, K. S. (2019). A Stochastic Control Model for the Average Price of Manufacturer Sales on Commodity Exchanges. Automation and Remote Control, 80(6), 1098-1108. https://doi.org/10.1134/S0005117919060080

Vancouver

Vavilov SA, Kuznetsov KS. A Stochastic Control Model for the Average Price of Manufacturer Sales on Commodity Exchanges. Automation and Remote Control. 2019 Jun;80(6):1098-1108. https://doi.org/10.1134/S0005117919060080

Author

Vavilov, S.A. ; Kuznetsov, K.S. / A Stochastic Control Model for the Average Price of Manufacturer Sales on Commodity Exchanges. In: Automation and Remote Control. 2019 ; Vol. 80, No. 6. pp. 1098-1108.

BibTeX

@article{62c609025d394f6a8ec1000aaf716448,
title = "A Stochastic Control Model for the Average Price of Manufacturer Sales on Commodity Exchanges",
abstract = "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.",
keywords = "товарные биржи, случайные процессы, управление продажами, commodity exchanges, random processes, sales management",
author = "S.A. Vavilov and K.S. Kuznetsov",
year = "2019",
month = jun,
doi = "10.1134/S0005117919060080",
language = "English",
volume = "80",
pages = "1098--1108",
journal = "Automation and Remote Control",
issn = "0005-1179",
publisher = "МАИК {"}Наука/Интерпериодика{"}",
number = "6",

}

RIS

TY - JOUR

T1 - A Stochastic Control Model for the Average Price of Manufacturer Sales on Commodity Exchanges

AU - Vavilov, S.A.

AU - Kuznetsov, K.S.

PY - 2019/6

Y1 - 2019/6

N2 - 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.

AB - 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.

KW - товарные биржи

KW - случайные процессы

KW - управление продажами

KW - commodity exchanges

KW - random processes

KW - sales management

UR - http://www.scopus.com/inward/record.url?scp=85067038402&partnerID=8YFLogxK

UR - http://www.mendeley.com/research/stochastic-control-model-average-price-manufacturer-sales-commodity-exchanges

U2 - 10.1134/S0005117919060080

DO - 10.1134/S0005117919060080

M3 - Article

VL - 80

SP - 1098

EP - 1108

JO - Automation and Remote Control

JF - Automation and Remote Control

SN - 0005-1179

IS - 6

ER -

ID: 48508355