LQ Optimal Control of Periodic Review Perishable Inventories with Transportation Losses.
Piotr LesniewskiAndrzej BartoszewiczPublished in: ICSS (2013)
Keyphrases
- optimal control
- periodic review
- lost sales
- infinite horizon
- inventory management
- inventory systems
- inventory control
- single stage
- finite horizon
- dynamic pricing
- lead time
- customer demand
- inventory models
- single item
- dynamic programming
- total cost
- inventory level
- multi item
- single product
- stochastic demand
- control strategy
- service level
- transportation problem
- reinforcement learning
- base stock policies
- lot sizing
- optimal policy
- markov decision process
- production planning
- decision making
- holding cost
- average cost
- multistage
- max min
- markov decision processes
- state space
- probability distribution
- base stock policy