APIOBPCS is a control theory-based archetype in which, production
orders are given by Eq. (4). It combines the average (or forecasted)
customer orders with adjustments that align WIP and
finished goods inventories (FGI) with predetermined desired levels
in specific time periods. APIOBPCS has been applied to a wide
range of dynamic production and inventory management problems
and is representative of the ‘‘anchoring and adjustment’’
ordering heuristic, suggested by Sterman (1989).