Approximations of inventory models

DOI10.1007/BF01919299zbMath0464.90019OpenAlexW2084183013MaRDI QIDQ3916343

Karl-Heinz Waldmann

Publication date: 1981

Published in: Zeitschrift für Operations Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/bf01919299

zbMATH Keywords

boundsapproximationsconvergence conditionsdiscrete review single product dynamic inventory modelsgood order-policies

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

Related Items

Aggregation and disaggregation in Markov decision models for inventory control, Approximations and bounds for a generalized optimal stopping problem

Cites Work

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• A natural extension of the MacQueen extrapolation
• Conditions for optimality in dynamic programming and for the limit of n-stage optimal policies to be optimal
• On the Optimality of $(s,S)$-Policies in Dynamic Inventory Models with Finite Horizon
• Approximations of Dynamic Programs, I
• On the Opimality of $( {s,S} )$ Inventory Policies: New Conditions and a New Proof