Optimal Control of a Mean-Reverting Inventory.
Abel CadenillasPeter LaknerMichael L. PinedoPublished in: Oper. Res. (2010)
Keyphrases
- optimal control
- infinite horizon
- dynamic programming
- feedback control
- assembly systems
- control problems
- stochastic demand
- risk sensitive
- reinforcement learning
- class of nonlinear systems
- finite horizon
- lost sales
- lead time
- inventory control
- brownian motion
- supply chain
- periodic review
- single item
- holding cost
- control law
- stochastic control
- inventory level
- inventory systems
- control strategy
- lot sizing
- total cost
- inventory management
- linear quadratic
- service level