Optimal control of inventory-production systems in presence of perturbations on the inventory level.
Davide GiglioSilvia SiriPublished in: ECC (2013)
Keyphrases
- production system
- optimal control
- inventory level
- dynamic programming
- infinite horizon
- optimal production
- multistage
- production rate
- lost sales
- control strategy
- production process
- customer demand
- single stage
- production capacity
- production line
- base stock policy
- periodic review
- multiprocessor architecture
- inventory control
- dynamic pricing
- inventory systems
- order quantity
- fixed cost
- average cost
- expert systems
- reinforcement learning
- control system