A weak convergence approach to inventory control using a long-term average criterion

DOI10.1017/apr.2018.50zbMath1433.90019arXiv1702.01041OpenAlexW2963941385WikidataQ128871327 ScholiaQ128871327MaRDI QIDQ5215034

Richard H. Stockbridge, Chao Zhu, Kurt Helmes

Publication date: 5 February 2020

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

Full work available at URL: https://arxiv.org/abs/1702.01041

zbMATH Keywords

weak convergenceinventoryimpulse control\((s,S)\) policylong-term average costgeneral diffusion model

Mathematics Subject Classification ID

Nonlinear programming (90C30) Brownian motion (60J65) Inventory, storage, reservoirs (90B05) Optimal stochastic control (93E20)

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