Applying a finite-horizon numerical optimization method to a periodic optimal control problem.
Jeffrey AzzatoJacek B. KrawczykPublished in: Autom. (2008)
Keyphrases
- optimization method
- optimal control
- infinite horizon
- finite horizon
- average cost
- optimization algorithm
- optimization methods
- dynamic programming
- simulated annealing
- genetic algorithm
- evolutionary algorithm
- differential evolution
- optimal policy
- stochastic demand
- control strategy
- inventory control
- reinforcement learning
- inventory models
- production planning
- single product
- markov decision process
- single item
- fixed cost
- periodic review
- markov decision processes
- brownian motion
- nelder mead simplex
- optimal control problems
- metaheuristic
- real time
- lost sales
- multi objective
- optimization problems
- multistage