Duality and Existence of Optimal Policies in Generalized Joint Replenishment.
Daniel AdelmanDiego KlabjanPublished in: Math. Oper. Res. (2005)
Keyphrases
- optimal policy
- joint replenishment
- markov decision processes
- finite horizon
- multistage
- single item
- inventory models
- decision problems
- infinite horizon
- long run
- state space
- reinforcement learning
- finite state
- setup cost
- dynamic programming
- average reward
- state dependent
- sufficient conditions
- stationary policies
- average reward reinforcement learning
- linear programming
- average cost
- lot sizing
- initial state
- markov decision process
- supply chain
- partially observable markov decision processes
- total cost
- steady state
- monte carlo
- np hard