Infinite-Horizon Dynamic Programming Models - A Planning-Horizon Formulation.
Thomas E. MortonPublished in: Oper. Res. (1979)
Keyphrases
- infinite horizon
- dynamic programming
- production planning
- lead time
- planning horizon
- fixed cost
- finite horizon
- holding cost
- optimal policy
- optimal control
- long run
- optimal production
- markov decision processes
- average cost
- periodic review
- stochastic demand
- single item
- multistage
- dec pomdps
- ordering cost
- optimal solution
- complex systems
- single product
- linear programming