Dynamic Product Assembly and Inventory Control for Maximum Profit

We consider a manufacturing plant that purchases raw materials for product assembly and then sells the final products to customers. There are M types of raw materials and K types of products, and each product uses a certain subset of raw materials for assembly. The plant operates in slotted time, and every slot it makes decisions about re-stocking materials and pricing the existing products in reaction to (possibly time-varying) material costs and consumer demands. We develop a dynamic purchasing and pricing policy that yields time average profit within epsilon of optimality, for any given epsilon>0, with a worst case storage buffer requirement that is O(1/epsilon). The policy can be implemented easily for large M, K, yields fast convergence times, and is robust to non-ergodic system dynamics.Comment: 32 page

Connecting Multiple-unicast and Network Error Correction: Reduction and Unachievability

We show that solving a multiple-unicast network coding problem can be reduced to solving a single-unicast network error correction problem, where an adversary may jam at most a single edge in the network. Specifically, we present an efficient reduction that maps a multiple-unicast network coding instance to a network error correction instance while preserving feasibility. The reduction holds for both the zero probability of error model and the vanishing probability of error model. Previous reductions are restricted to the zero-error case. As an application of the reduction, we present a constructive example showing that the single-unicast network error correction capacity may not be achievable, a result of separate interest.Comment: ISIT 2015. arXiv admin note: text overlap with arXiv:1410.190