Optimization of Long-Run Average-Flow Cost in Networks With Time-Varying Unknown Demand.
Dario BausoFranco BlanchiniRaffaele PesentiPublished in: IEEE Trans. Autom. Control. (2010)
Keyphrases
- long run
- average cost
- expected cost
- holding cost
- short run
- inventory models
- infinite horizon
- single item
- setup cost
- inventory level
- periodic review
- planning horizon
- flow network
- control policy
- finite horizon
- optimal policy
- finished goods inventory
- markov decision processes
- path length
- stochastic demand
- average reward
- total cost
- queueing networks
- optimal control
- lead time
- heavy traffic
- lost sales
- fixed cost
- dynamic pricing
- production inventory
- multistage