Average cost optimality in inventory models with Markovian demands (Q1356092)
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scientific article; zbMATH DE number 1016903
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Average cost optimality in inventory models with Markovian demands |
scientific article; zbMATH DE number 1016903 |
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Average cost optimality in inventory models with Markovian demands (English)
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4 June 1997
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Markov chain
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infinite horizon
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ergodic cost
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long-run average cost minimization
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stochastic inventory
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vanishing discount approach
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optimal state-dependent \((s,S)\) policy
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