An optimal randomized policy for controlling stochastic growth processes on lattices.
Amith SomanathSertac KaramanPublished in: CDC (2016)
Keyphrases
- state dependent
- dynamic programming
- control policies
- allocation policy
- optimal policy
- asymptotically optimal
- expected cost
- stochastic control
- worst case
- stochastic dynamic programming
- control policy
- echelon stock
- optimal solution
- markov decision
- continuous state spaces
- locally optimal
- policy iteration
- arrival rate
- optimal strategy
- markov decision processes
- steady state
- markov chain