Optimal Policies of Yield Management with Multiple Predetermined Prices.
Youyi FengBaichun XiaoPublished in: Oper. Res. (2000)
Keyphrases
- yield management
- finite horizon
- optimal policy
- markov decision processes
- long run
- infinite horizon
- inventory models
- single product
- multistage
- inventory control
- dynamic programming
- state space
- reinforcement learning
- finite state
- average reward
- average cost
- markov decision process
- finite number
- decision problems
- sufficient conditions
- initial state
- non stationary
- control system