A central limit theorem for costs in Bulinskaya's inventory management problem when deliveries face delays

DOI10.1007/s11009-016-9522-7zbMath1402.60026arXiv1609.09141OpenAlexW2949619240MaRDI QIDQ1617322

J. Michael Steele, Alessandro Arlotto

Publication date: 8 November 2018

Published in: Methodology and Computing in Applied Probability (Search for Journal in Brave)

Full work available at URL: https://arxiv.org/abs/1609.09141

zbMATH Keywords

stochastic ordercentral limit theoremMarkov decision problemsinventory managementnon-homogeneous Markov chaindiscrete-time martingaleDobrushin coefficient

Mathematics Subject Classification ID

Central limit and other weak theorems (60F05) Discrete-time Markov processes on general state spaces (60J05) Inventory, storage, reservoirs (90B05) Dynamic programming (90C39) Combinatorial probability (60C05) Markov and semi-Markov decision processes (90C40)

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