Optimal (N, T)-policy for M/G/1 system with cost structures.
Attahiru Sule AlfaWei Wayne LiPublished in: Perform. Evaluation (2000)
Keyphrases
- expected cost
- state dependent
- average cost
- allocation policy
- asymptotically optimal
- optimal cost
- replacement policy
- dynamic programming
- cost function
- optimal policy
- minimum cost
- optimal strategy
- inventory policy
- long run
- steady state
- markov decision processes
- markov decision
- holding cost
- worst case
- control policies
- optimal solution
- replenishment policy
- fixed cost
- lot size
- lower bound