An optimal constant level rationing policy under service level constraints.
Karin T. MölleringUlrich W. ThonemannPublished in: OR Spectr. (2010)
Keyphrases
- service level constraints
- state dependent
- optimal policy
- optimal production
- higher level
- expected cost
- markov decision
- production system
- steady state
- asymptotically optimal
- worst case
- manufacturing systems
- levels of abstraction
- learning algorithm
- average reward
- control policies
- dynamic programming
- infinite horizon
- stochastic demand
- allocation policy