Local Turnpike Properties in Finite Horizon Optimal Control.
Lisa KrügelTimm FaulwasserLars GrünePublished in: CDC (2023)
Keyphrases
- optimal control
- infinite horizon
- finite horizon
- average cost
- control problems
- dynamic programming
- stochastic demand
- single product
- control strategy
- production planning
- reinforcement learning
- inventory control
- inventory models
- optimal policy
- single item
- brownian motion
- markov decision processes
- fixed cost
- markov decision process
- control policies
- optimal control problems
- long run
- lead time
- periodic review
- inventory policy
- multistage