An exact solution for the infinite horizon LQ optimal output tracking problem.
Péter BauerBalázs KulcsárJozsef BokorPublished in: CCA (2008)
Keyphrases
- infinite horizon
- optimal control
- exact solution
- finite horizon
- dynamic programming
- stochastic demand
- average cost
- single item
- optimal solution
- column generation
- production planning
- optimal policy
- markov decision processes
- inventory policy
- real time
- control strategy
- fixed cost
- long run
- lower bound
- holding cost
- production capacity
- reinforcement learning
- partially observable
- approximate solutions
- periodic review
- orthogonal projection
- constraint satisfaction
- lost sales
- linear programming
- inventory control
- inventory systems
- state space
- inventory models
- special case
- single product
- computational complexity