A Finite Horizon Optimal Multiple Switching Problem.
Boualem DjehicheSaid HamadèneAlexandre PopierPublished in: SIAM J. Control. Optim. (2009)
Keyphrases
- finite horizon
- optimal stopping
- infinite horizon
- optimal policy
- markov decision processes
- single product
- inventory control
- inventory models
- average cost
- inventory policy
- dynamic programming
- asymptotically optimal
- stochastic demand
- control policies
- single item
- markov decision process
- optimal control
- optimal solution
- yield management
- finite state
- periodic review
- np hard