A Maximum Principle for Infinite Horizon Delay Equations.
Nacira AgramSven HaademBernt ØksendalFrank ProskePublished in: SIAM J. Math. Anal. (2013)
Keyphrases
- infinite horizon
- optimal control
- long run
- finite horizon
- optimal policy
- stochastic demand
- dynamic programming
- production planning
- markov decision processes
- single item
- lead time
- partially observable
- fixed cost
- holding cost
- markov decision process
- state space
- dec pomdps
- mathematical model
- average cost
- production capacity
- lost sales
- reinforcement learning
- asymptotically optimal
- steady state
- multistage
- probability distribution
- data mining