Optimal Policy for Inventory Transfer Between Two Depots With Backlogging.
Chi To NgDong-Ping SongT. C. E. ChengPublished in: IEEE Trans. Autom. Control. (2012)
Keyphrases
- lost sales
- optimal policy
- periodic review
- inventory systems
- finite horizon
- infinite horizon
- inventory models
- lot sizing
- multistage
- single stage
- inventory level
- inventory management
- inventory control
- total cost
- decision problems
- sample path
- markov decision processes
- fixed cost
- dynamic programming
- state space
- single item
- stochastic demand
- reinforcement learning
- lot size
- long run
- lead time
- multi item
- state dependent
- base stock policies
- sufficient conditions
- average reward
- markov decision process
- optimal production
- average cost
- raw material
- holding cost
- single product
- replenishment policy
- machine learning
- base stock policy