Finite-horizon and infinite-horizon linear quadratic optimal control problems: A data-driven Euler scheme.
Guangchen WangHeng ZhangPublished in: J. Frankl. Inst. (2024)
Keyphrases
- infinite horizon
- optimal control
- finite horizon
- optimal control problems
- linear quadratic
- dynamic programming
- production planning
- single product
- single item
- control strategy
- inventory control
- stochastic demand
- inventory models
- reinforcement learning
- average cost
- markov decision process
- inventory policy
- lot size
- fixed cost
- dynamical systems
- lost sales
- periodic review
- state space
- differential equations
- mathematical model
- learning algorithm