) policies for jump inventory models.
Lakdere BenkheroufMichael JohnsonPublished in: Math. Methods Oper. Res. (2012)
Keyphrases
- inventory models
- lost sales
- optimal policy
- finite horizon
- periodic review
- demand distributions
- average cost
- markov decision process
- inventory control
- inventory policy
- service level
- single period
- infinite horizon
- lead time
- holding cost
- markov decision processes
- finite number
- inventory systems
- reinforcement learning
- markov chain
- fixed cost
- expected cost
- decision problems
- state space
- decision making
- optimal control