Restless Bandit Marginal Productivity Indices, Diminishing Returns, and Optimal Control of Make-to-Order/Make-to-Stock M/G/1 Queues
DOI10.1287/moor.1050.0165zbMath1278.90099OpenAlexW2140397089MaRDI QIDQ5387965
Publication date: 27 May 2008
Published in: Mathematics of Operations Research (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1287/moor.1050.0165
convex optimizationdynamic resource allocationbiasstochastic schedulingefficient frontiersemi-Markov decision processesrestless banditsindex policiesmarginal productivitycontrol of queuesachievable performancecontrol by priceindexabilitydiminishing returnsmake to orderproduction-inventory controlmake to stockmixed criteriapartial conservation laws
Semidefinite programming (90C22) Queues and service in operations research (90B22) Stochastic scheduling theory in operations research (90B36)
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