Optimal policies for production/inventory systems with finite capacity and Markov-modulated demand and supply processes
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Publication:1424909
production/inventory systemfinite-capacityMarkov-modulated demand and Markov-modulated yieldmodified state-dependent inflated base-stock policy
Applications of Markov chains and discrete-time Markov processes on general state spaces (social mobility, learning theory, industrial processes, etc.) (60J20) Markov chains (discrete-time Markov processes on discrete state spaces) (60J10) Inventory, storage, reservoirs (90B05) Production models (90B30)
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