Keyphrases
- finite horizon
- optimal policy
- markov decision processes
- infinite horizon
- optimal stopping
- inventory models
- single product
- inventory control
- multistage
- markov decision process
- stochastic inventory control
- yield management
- average cost
- stochastic demand
- inventory policy
- non stationary
- periodic review
- lot size
- lot sizing
- decision problems
- sufficient conditions
- state space
- reinforcement learning