A Duality Theory for Infinite-Horizon Optimization of Concave Input/Ouput Processes.
Joseph J. M. EversPublished in: Math. Oper. Res. (1983)
Keyphrases
- infinite horizon
- long run
- finite horizon
- markov decision processes
- optimal control
- optimal policy
- stochastic demand
- single item
- lead time
- production planning
- dynamic programming
- average cost
- markov decision process
- objective function
- holding cost
- linear programming
- state space
- optimization problems
- learning algorithm
- dec pomdps