Revisiting the derivation of stage costs in infinite horizon discrete-time optimal control.
Christian FiedlerSebastian TrimpePublished in: CoRR (2022)
Keyphrases
- optimal control
- infinite horizon
- optimal control problems
- single item
- fixed cost
- average cost
- stochastic demand
- holding cost
- linear quadratic
- dynamic programming
- finite horizon
- periodic review
- feedback control
- base stock policy
- production planning
- control strategy
- partially observable
- markov decision process
- ordering cost
- policy iteration
- total cost
- inventory models
- production cost
- finite state
- long run
- linear programming