Production-Inventory with Equipment Replacement—PIER

DOI10.1287/OPRE.32.6.1286zbMath0553.90032OpenAlexW2034948563MaRDI QIDQ3216393

M. Venkatesan

Publication date: 1984

Published in: Operations Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1287/opre.32.6.1286

zbMATH Keywords

sufficient conditionsequipment replacementsingle productcombined optimal policyinfinite storageproduction-inventory problemtwo-dimensional Markov decision process

Mathematics Subject Classification ID

Production models (90B30) Inventory, storage, reservoirs (90B05) Markov and semi-Markov decision processes (90C40)

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