Optimal control of a finite-capacity inventory system with setup cost and lost sales

zbMATH Open1302.90019MaRDI QIDQ3189342FDOQ3189342

Authors: Baimei Yang, Yiqian Huang, Yifan Xu 

Publication date: 9 September 2014

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zbMATH Keywords

Markov decision processlost salesfinite capacityinventory systemPoisson demand

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05) Markov and semi-Markov decision processes (90C40) Optimal stochastic control (93E20)

Cited In (11)

• Optimal Continuous Review Policies for Two Product Inventory Systems with Joint Setup Costs
• Optimal control of an inventory system under whole sale price changes
• All-or-Nothing Ordering Under a Capacity Constraint
• Optimal and near-optimal inventory control policies for a make-to-order inventory-production system
• Dynamic scheduling to minimize lost sales subject to set-up costs
• Optimal policy for a production-inventory system with setup cost and average cost criterion
• Optimal control policy for a standing order inventory system
• Computing the optimal policy for capacitated inventory models
• Dynamic inventory and pricing policy in a capacitated stochastic inventory system with fixed ordering cost
• Optimal pricing and inventory control policy in periodic-review systems with fixed ordering cost and lost sales
• Optimal inventory replenishment policy for a queueing system with finite waiting room capacity

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