Markovian demand inventory models

DOI10.1007/978-0-387-71604-6zbMath1222.90001OpenAlexW1589191279MaRDI QIDQ930434

Dirk Beyer, Feng Cheng, Michael I. Taksar, Suresh P. Sethi

Publication date: 30 June 2008

Published in: International Series in Operations Research \& Management Science (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/978-0-387-71604-6

zbMATH Keywords

dynamic programminglong-run average costvanishing discount approachbase-stock policycontrolled Markov processinventory theoryMarkovian demandoptimal feedback policy\((s,S)\)-policy

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05) Dynamic programming (90C39) Research exposition (monographs, survey articles) pertaining to operations research and mathematical programming (90-02) Applications of Markov renewal processes (reliability, queueing networks, etc.) (60K20)

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