In this paper it is investigated what will be the set of reference trajectories that can be tracked when Minimum Variance control is used.
A necessary condition on the dynamic evaluation of a reference trajectory is deduced. For the case of a time-invariant system all the trackable reference trajectories are characterized exactly.
The effect of limiting the control possibilities on the ability to track a certain reference trajectory is also discussed. The analyzed system is assumed to be linear, finite dimensional and discrete-time.
The derived results are interpreted for economic systems.

Name | Memorandum COSOR |
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Volume | 8523 |
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ISSN (Print) | 0926-4493 |
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