Infinite Horizon Optimization.
Irwin E. SchochetmanRobert L. SmithPublished in: Math. Oper. Res. (1989)
Keyphrases
- infinite horizon
- finite horizon
- optimal policy
- long run
- optimal control
- markov decision processes
- stochastic demand
- dynamic programming
- production planning
- single item
- markov decision process
- partially observable
- fixed cost
- dec pomdps
- state space
- average cost
- periodic review
- reinforcement learning
- lead time
- optimization problems
- multi agent systems
- search algorithm
- inventory policy
- single product
- real time
- ordering cost