Infinite Horizon and Ergodic Optimal Quadratic Control for an Affine Equation with Stochastic Coefficients.
Giuseppina GuatteriFederica MasieroPublished in: SIAM J. Control. Optim. (2009)
Keyphrases
- infinite horizon
- optimal control
- finite horizon
- control policies
- dynamic programming
- stochastic control
- periodic review
- optimal policy
- average cost
- stochastic demand
- single item
- control strategy
- control policy
- long run
- demand distributions
- fixed cost
- markov decision processes
- inventory policy
- markov decision process
- reinforcement learning
- holding cost
- partially observable
- state dependent
- lost sales
- production planning
- steady state
- policy iteration
- setup cost
- inventory control
- inventory systems
- mathematical model
- markov chain
- objective function
- total cost
- single product
- dec pomdps
- ordering cost
- machine learning