Modelling imperfect inspection over a finite horizon.
María Dolores BerradeCristiano A. V. CavalcantePhilip A. ScarfPublished in: Reliab. Eng. Syst. Saf. (2013)
Keyphrases
- finite horizon
- infinite horizon
- optimal stopping
- optimal policy
- markov decision processes
- inventory models
- single product
- inventory control
- multistage
- single item
- markov decision process
- stochastic inventory control
- periodic review
- lot size
- long run
- state space
- dynamic programming
- reinforcement learning
- optimal control
- yield management
- average cost
- control policies
- finite state