A Measure Approach for Continuous Inventory Models: Discounted Cost Criterion.
Kurt HelmesRichard H. StockbridgeChao ZhuPublished in: SIAM J. Control. Optim. (2015)
Keyphrases
- inventory models
- average cost
- finite horizon
- infinite horizon
- fixed cost
- markov decision processes
- optimal policy
- long run
- lost sales
- finite number
- finite state
- total cost
- inventory control
- inventory policy
- multistage
- single period
- linear programming
- periodic review
- demand distributions
- setup cost
- initial state
- dynamic programming
- optimal control
- holding cost
- linear program
- markov decision process
- planning horizon
- lot size
- state space
- single item
- markov chain
- np hard
- learning algorithm