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A hyperbolic relaxation model for product flow in complex production networks
Author(s) -
Ali K. Unver,
Christian Ringhofer,
Dieter Armbruster
Publication year - 2009
Publication title -
conference publications
Language(s) - English
Resource type - Book series
DOI - 10.3934/proc.2009.2009.790
Subject(s) - conservation law , relaxation (psychology) , flow (mathematics) , limit (mathematics) , production (economics) , product (mathematics) , statistical physics , mathematics , computer science , physics , mathematical analysis , mechanics , geometry , economics , microeconomics , psychology , social psychology
This paper presents a continuum - traffic flow like - model for the flow of products through complex production networks, based on statistical information obtained from extensive observations of the system. The resulting model consists of a system of hyperbolic conservation laws, which, in a relaxation limit, exhibit the correct diffusive properties given by the variance of the observed data.

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