Structure of optimal policies to periodic-review inventory models with convex costs and backorders for all values of discount factors

DOI10.1007/s10479-017-2548-6zbMath1501.90004arXiv1609.03984OpenAlexW2626777032MaRDI QIDQ2095188

Yan Liang, Eugene A. Feinberg

Publication date: 9 November 2022

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

Full work available at URL: https://arxiv.org/abs/1609.03984

zbMATH Keywords

infinite horizonfinite horizoninventory controloptimal policy\((s, S)\) policy

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

Related Items (4)

LOG-CONCAVITY OF COMPOUND DISTRIBUTIONS WITH APPLICATIONS IN OPERATIONAL AND ACTUARIAL MODELS ⋮ STOCHASTIC SETUP-COST INVENTORY MODEL WITH BACKORDERS AND QUASICONVEX COST FUNCTIONS ⋮ Continuity of discounted values and the structure of optimal policies for <scp>periodic‐review</scp> inventory systems with setup costs ⋮ On the optimality equation for average cost Markov decision processes and its validity for inventory control

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