The economic average cost Brownian control problem

DOI10.1017/APR.2019.12MaRDI QIDQ5203901zbMATH OpenOpenAlexFDO

Authors Melda Örmeci Matoğlu, John H. Vande Vate, Haiyue Yu

Publication date 9 December 2019

Published in Advances in Applied Probability (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1017/apr.2019.12

zbMATH Keywords

Brownian control problemoptimal buffer sizeoptimal rate controlsingular control

Mathematics Subject Classification ID

Applications of Brownian motions and diffusion theory (population genetics, absorption problems, etc.) (60J70) Performance evaluation, queueing, and scheduling in the context of computer systems (68M20) Inventory, storage, reservoirs (90B05) Queues and service in operations research (90B22)

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Cites work

• A control of a brownian storage system with two switcnover drifts
• A diffusion model for the control of a dam
• A Method for Computing Double Band Policies for Switching between Two Diffusions
• Brownian inventory models with convex holding cost. I: Average-optimal controls
• Brownian models of open queueing networks with homogeneous customer populations^∗
• Drift Control with Changeover Costs
• Drift rate control of a Brownian processing system
• scientific article; zbMATH DE number 4078444 (Why is no real title available?)
• scientific article; zbMATH DE number 1834045 (Why is no real title available?)
• Impulse Control of Brownian Motion
• Instantaneous Control of Brownian Motion
• Multidimensional reflected Brownian motions having exponential stationary distributions
• On the Lambert \(w\) function
• Optimal buffer size and dynamic rate control for a queueing system with impatient customers in heavy traffic
• Optimal buffer size for a stochastic processing network in heavy traffic
• Optimal Control of a Brownian Motion
• Optimal control of a Brownian production/inventory system with average cost criterion
• Solving the drift control problem
• Switching and impulsive control of a reflected diffusion
• The Optimal Policy for a Controlled Brownian Motion Process

Cited in

(6)

• Solving the drift control problem
• A control of a brownian storage system with two switcnover drifts
• Average cost Brownian drift control with proportional changeover costs
• Drift rate control of a Brownian processing system
• Optimal drift rate control and two-sided impulse control for a Brownian system with the long-run average criterion
• On the optimality of stepwise policies for managing capacity, inventory and backorders

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