A measure approach for continuous inventory models: discounted cost criterion

DOI10.1137/140972640zbMATH Open1317.93271OpenAlexW981235990MaRDI QIDQ5502183FDOQ5502183

Richard H. Stockbridge, K. Helmes, Chao Zhu

Publication date: 18 August 2015

Published in: SIAM Journal on Control and Optimization (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1137/140972640

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zbMATH Keywords

linear programmingoccupation measuresinventoryimpulse control\((s,S)\) policies

Mathematics Subject Classification ID

Linear programming (90C05) Applications of stochastic analysis (to PDEs, etc.) (60H30) Inventory, storage, reservoirs (90B05) Optimal stochastic control (93E20)

Cites Work

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Cited In (12)

• Irreversible investment with fixed adjustment costs: a stochastic impulse control approach
• Stochastic impulse control problem with state and time dependent cost functions
• Optimal control of a dynamic production-inventory system with various cost criteria
• Newton-Raphson method for the expected present value of total inventory costs
• Explicit Solution of a Two-Dimensional Deterministic Inventory Problem
• Impulse Control with Discontinuous Setup Costs: Discounted Cost Criterion
• The solution to an impulse control problem motivated by optimal harvesting
• A General Verification Result for Stochastic Impulse Control Problems
• Fractional programming approach to two stochastic inventory problems
• On the Modeling of Impulse Control with Random Effects for Continuous Markov Processes
• A Solvable One-Dimensional Model of a Diffusion Inventory System
• A solution technique for Lévy driven long term average impulse control problems

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