An intuitive approach to inventory control with optimal stopping.

Nicky D. van Foreest Onur A. Kilic

Published in: Eur. J. Oper. Res. (2023)

Keyphrases

optimal stopping
finite horizon
inventory control
optimal policy
infinite horizon
markov decision processes
multistage
markov decision process
dynamic programming
long run
brownian motion
random walk
non stationary
decision making
average cost
supply chain management
state space
reinforcement learning