An optimal stopping approach for the end-of-life inventory problem.

J. B. G. Frenk Sonya Javadi Semih Onur Sezer

Published in: Math. Methods Oper. Res. (2019)

Keyphrases

optimal stopping
finite horizon
brownian motion
infinite horizon
optimal policy
inventory level
markov decision processes
lead time
differential equations
expected cost
multistage
supply chain
dynamic programming
image sequences
long run
dynamical systems
average cost
markov decision process
objective function