Conditions for optimality of Naïve quantized finite horizon control.
Daniel E. QuevedoClaus MüllerGraham C. GoodwinPublished in: Int. J. Control (2007)
Keyphrases
- finite horizon
- average cost
- infinite horizon
- control policies
- optimal policy
- inventory models
- markov decision processes
- optimal stopping
- bayes classifiers
- bayesian classifiers
- markov decision process
- optimal control
- multistage
- inventory control
- sufficient conditions
- long run
- single item
- probabilistic model
- single product
- control system
- production planning
- optimal solution