Note: Optimal Policies for Serial Inventory Systems Under Fill Rate Constraints.
Sven AxsäterPublished in: Manag. Sci. (2003)
Keyphrases
- serial inventory systems
- optimal policy
- sample path
- single stage
- decision problems
- asymptotic analysis
- reinforcement learning
- dynamic programming
- finite horizon
- infinite horizon
- finite state
- long run
- initial state
- policy iteration
- multistage
- state space
- asymptotically optimal
- markov decision processes
- state dependent
- constrained optimization
- average reward
- sufficient conditions
- markov chain