The Base Stock/Base Backlog Control Policy for a Make-to-Stock System With Impatient Customers.
Angelos A. EconomopoulosVassilis S. KouikoglouEvangelos GrigoroudisPublished in: IEEE Trans Autom. Sci. Eng. (2011)
Keyphrases
- control policy
- long run
- inventory level
- heavy traffic
- expected cost
- optimal policy
- control policies
- approximate dynamic programming
- admission control
- infinite horizon
- arrival process
- average cost
- call center
- poisson process
- customer demand
- queueing networks
- lost sales
- lead time
- expected profit
- reinforcement learning
- holding cost
- marketing strategies
- asymptotically optimal
- batch mode
- function approximation
- search algorithm
- decision making
- real time