Optimal Control and Equilibrium Behavior of Production-Inventory Systems.
Owen Q. WuHong ChenPublished in: Manag. Sci. (2010)
Keyphrases
- optimal control
- inventory systems
- base stock policy
- single stage
- multi item
- infinite horizon
- dynamic programming
- periodic review
- lot sizing
- multistage
- lead time
- control strategy
- single item
- production planning
- average cost
- setup cost
- lost sales
- reinforcement learning
- optimal control problems
- production cost
- production system
- mathematical model