Optimality Inequalities for Average Cost Markov Decision Processes and the Stochastic Cash Balance Problem
From MaRDI portal
Publication:5388060
DOI10.1287/moor.1070.0269zbMath1341.90142OpenAlexW2119481921MaRDI QIDQ5388060
Mark E. Lewis, Eugene A. Feinberg
Publication date: 27 May 2008
Published in: Mathematics of Operations Research (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1287/moor.1070.0269
Markov decision processinventory controloptimal policyoptimality inequalityaverage cost per unit time
Related Items
STOCHASTIC SETUP-COST INVENTORY MODEL WITH BACKORDERS AND QUASICONVEX COST FUNCTIONS ⋮ Average Cost Markov Decision Processes with Weakly Continuous Transition Probabilities ⋮ A probabilistic approach to the stochastic fluid cash management balance problem ⋮ Optimality Conditions for Partially Observable Markov Decision Processes ⋮ The generalized cash balance problem: optimization‐based one step ahead optimal control ⋮ Short Communication: Existence of Markov Equilibrium Control in Discrete Time ⋮ A note on the existence of optimal stationary policies for average Markov decision processes with countable states ⋮ Synthesis and Generalization of Structural Results in Inventory Management: A Generalized Convexity Property ⋮ Continuity of minima: local results ⋮ On the vanishing discount factor approach for Markov decision processes with weakly continuous transition probabilities ⋮ Berge's theorem for noncompact image sets ⋮ Modeling of financial supply chain ⋮ Stackelberg equilibrium in a dynamic stimulation model with complete information ⋮ Partially Observable Total-Cost Markov Decision Processes with Weakly Continuous Transition Probabilities ⋮ MDPs with setwise continuous transition probabilities ⋮ A NEW APPROACH FOR THE STOCHASTIC CASH BALANCE PROBLEM WITH FIXED COSTS ⋮ Optimal Control of Brownian Inventory Models with Convex Holding Cost: Average Cost Case ⋮ Average optimality for continuous-time Markov decision processes under weak continuity conditions ⋮ Berge's maximum theorem for noncompact image sets ⋮ On the optimality equation for average cost Markov decision processes and its validity for inventory control
