Optimal Ordering and Recovery Policy for Reusable Items with Shortages.

Hui-Ming Wee Jonas C. P. Yu Ling-Huey Su Te-Chin Wu

Published in: SEAL (2006)

Keyphrases

asymptotically optimal
inventory policy
allocation policy
optimal solution
dynamic programming
expected cost
infinite horizon
state dependent
scheduling policies
optimal policy
partial order
optimal design
control policy
stochastic control
markov decision