Performance guarantees for empirical Markov decision processes with applications to multiperiod inventory models

DOI10.1287/OPRE.1120.1090MaRDI QIDQ4904590zbMATH OpenOpenAlexFDO

Authors William L. Cooper, Bharath Rangarajan

Publication date 30 January 2013

Published in Operations Research (Search for Journal in Brave)

Full work available at URL https://semanticscholar.org/paper/9675808fd9c15a25e0d16d03711e86e9aa63cb99

zbMATH Keywords

estimationinventory/production

Mathematics Subject Classification ID

Markov and semi-Markov decision processes (90C40)

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Cited in

(5)

• Empirical dynamic programming
• (s,S) inventory systems with correlated demands
• Some limit properties of Markov chains induced by recursive stochastic algorithms
• Dynamic Inventory Control with Fixed Setup Costs and Unknown Discrete Demand Distribution
• The minimal hitting probability of continuous-time controlled Markov systems with countable states

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