This paper deals with the inventory-production control problem where the produced items are supposed to be deteriorating with a rate that depends on the stochastic demand rate. The inventory-production control problem is formulated as a jump linear quadratic control problem. The optimal policy that solves the optimal control problem is obtained in terms of a set of coupled Riccati equations. The guaranteed cost control problem is also investigated. Copyright (C) 1999 John Wiley Sons, Ltd
We develop a model based on stochastic discrete-time controlleddynamical systems in order to derive ...
The paper deals with the stochastic optimal intervention problem which arises in a production & stor...
The science of Operational Research has traditionally dominated in the field of inventory theory. Ye...
This paper deals with the inventory-production control problem where the produced items are supposed...
This paper deals with the inventory-production control problem where the produced items are assumed ...
The paper studies the production inventory problem of minimizing the expected discounted present val...
This study considers an inventory control system meeting uncertain demand in continuous time.The dem...
AbstractThis paper considers a stochastic optimal control of an inventory model with a deterministic...
A recently developed technique in motion control is applied to solve the demand variation problem in...
The scope of the research focuses on the optimal policies and algorithm analysis for stochastic and ...
The fundamental problem of managing an inventory over time in the presence of stochastic demand is o...
In this paper, we propose a simple heuristic approach for the inventory control problem with stochas...
The problem of determining the optimal production policy is addressed for a single-period production...
This paper investigates the general approach that applies the concept of equivalent measures and the...
We discuss inventory systems in an independent demand setting, where demand over time is modeled as ...
We develop a model based on stochastic discrete-time controlleddynamical systems in order to derive ...
The paper deals with the stochastic optimal intervention problem which arises in a production & stor...
The science of Operational Research has traditionally dominated in the field of inventory theory. Ye...
This paper deals with the inventory-production control problem where the produced items are supposed...
This paper deals with the inventory-production control problem where the produced items are assumed ...
The paper studies the production inventory problem of minimizing the expected discounted present val...
This study considers an inventory control system meeting uncertain demand in continuous time.The dem...
AbstractThis paper considers a stochastic optimal control of an inventory model with a deterministic...
A recently developed technique in motion control is applied to solve the demand variation problem in...
The scope of the research focuses on the optimal policies and algorithm analysis for stochastic and ...
The fundamental problem of managing an inventory over time in the presence of stochastic demand is o...
In this paper, we propose a simple heuristic approach for the inventory control problem with stochas...
The problem of determining the optimal production policy is addressed for a single-period production...
This paper investigates the general approach that applies the concept of equivalent measures and the...
We discuss inventory systems in an independent demand setting, where demand over time is modeled as ...
We develop a model based on stochastic discrete-time controlleddynamical systems in order to derive ...
The paper deals with the stochastic optimal intervention problem which arises in a production & stor...
The science of Operational Research has traditionally dominated in the field of inventory theory. Ye...