Partially Observed Inventory Systems: The Case of Rain Checks

DOI10.1137/070688663MaRDI QIDQ3399253zbMATH OpenOpenAlexFDO

Authors J. Adolfo Minjárez-Sosa, Alain Bensoussan, Metin Çakanyildirim, Suresh P. Sethi, Ruixia Shi

Publication date 29 September 2009

Published in SIAM Journal on Control and Optimization (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1137/070688663

zbMATH Keywords

partial observationsstochastic inventory problemrain checkthe Zakai equation

Mathematics Subject Classification ID

Dynamic programming (90C39) Inventory, storage, reservoirs (90B05) Control/observation systems with incomplete information (93C41) Optimal stochastic control (93E20)

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(7)

• Computation of approximate optimal policies in a partially observed inventory model with rain checks
• Partially observable total-cost Markov decision processes with weakly continuous transition probabilities
• Optimal inventory control with shrinkage and observed sales
• An incomplete information inventory model with presence of inventories or backorders as only observations
• On the optimal control of partially observed inventory systems
• Partially Observed Inventory Systems: The Case of Zero‐Balance Walk
• Stochastic production capacity: A bane or a boon for quick response supply chains?

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