Optimal bounds for POD approximations of infinite horizon control problems based on time derivatives.
Javier de FrutosBosco García-ArchillaJulia NovoPublished in: CoRR (2023)
Keyphrases
- optimal control
- control problems
- infinite horizon
- dynamic programming
- finite horizon
- single item
- stochastic demand
- control strategy
- stochastic control
- production planning
- partially observable
- average cost
- reinforcement learning
- inventory policy
- lower bound
- fixed cost
- markov decision process
- control law
- brownian motion
- demand distributions
- policy iteration
- inventory level
- long run
- random variables
- upper bound