Optimization under the PMλ,τ policy of a finite dam with both continuous and jumpwise inputs

DOI10.1239/JAP/1118777190MaRDI QIDQ5697604zbMATH OpenOpenAlexFDO

Authors Kyung Eun Lim, Jee Seon Baek, Eui Yong Lee

Publication date 18 October 2005

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

Full work available at URL https://doi.org/10.1239/jap/1118777190

zbMATH Keywords

Wiener processcompound Poisson processlong-run average cost

Mathematics Subject Classification ID

Queueing theory (aspects of probability theory) (60K25) Inventory, storage, reservoirs (90B05)

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Cites work

• scientific article; zbMATH DE number 4013703 (Why is no real title available?)
• scientific article; zbMATH DE number 3885030 (Why is no real title available?)
• scientific article; zbMATH DE number 3240796 (Why is no real title available?)
• P_λ^M-policy for a dam with input formed by a compound Poisson process
• Average cost under the P^M_{λ, τ} policy in a finite dam with compound Poisson inputs
• Optimal control of a dam using P_λ,τ^M policies and penalty cost when the input process is a compound Poisson process with positive drift
• Optimal control of a finite dam: Wiener process input
• Optimal control of a finite dam: average-cost case
• Optimal control of finite dams: discrete (2-stage) output procedure

Cited in

(6)

• Average cost under the P^M_{λ, τ} policy in a finite dam with compound Poisson inputs
• scientific article; zbMATH DE number 438309 (Why is no real title available?)
• Optimal control of a finite dam using P^M_λΤ policies and penalty cost: total discounted and long run average cases
• Control of dams using \(P^M_{\lambda,\tau}\) policies when the input process is a nonnegative Lévy process
• A note on the expected discounted cost of operating a finite dam
• Optimal control of dams using \(P_{\lambda,\tau}^{M}\) policies and penalty cost

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