) Policies in Serial Inventory Systems with Fixed Costs.
Kevin H. ShangSean X. ZhouPublished in: Oper. Res. (2010)
Keyphrases
- serial inventory systems
- fixed cost
- optimal policy
- infinite horizon
- sample path
- single stage
- lot sizing
- asymptotic analysis
- mixed integer programming
- total cost
- markov chain
- markov decision processes
- finite horizon
- markov decision process
- state space
- inventory level
- decision problems
- multistage
- search space
- initial state
- optimal control
- dynamic programming
- production planning
- single item
- multi item
- state dependent
- average cost
- long run
- cost function