Optimizing control limits under random process shifts and a quadratic penalty function

DOI10.1080/15326349108807196zbMath0736.60064OpenAlexW1989297061MaRDI QIDQ3983732

Zvi Drezner, George O. Wesolowsky

Publication date: 27 June 1992

Published in: Communications in Statistics. Stochastic Models (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1080/15326349108807196

zbMATH Keywords

quality controlMarkov chain modeleconomic analysisquadratic penalty

Mathematics Subject Classification ID

Optimal stochastic control (93E20) Applications of Markov chains and discrete-time Markov processes on general state spaces (social mobility, learning theory, industrial processes, etc.) (60J20)