Turnpike Sets and Their Analysis in Stochastic Production Planning Problems

This paper considers optimal infinite horizon stochastic production planning problems with capacity and demand to be finite state Markov chains. The existence of the optimal feedback control is shown with the aid of viscosity solutions to the dynamic programming equations. Turnpike set concepts are...

Ausführliche Beschreibung

Gespeichert in:

Bibliographische Detailangaben
Veröffentlicht in:	Mathematics of operations research 1992-11, Vol.17 (4), p.932-950
Hauptverfasser:	Sethi, S, Soner, H. M, Zhang, Q, Jiang, H
Format:	Artikel
Sprache:	eng
Schlagworte:	Applied sciences Convexity Determinism Dynamic programming Exact sciences and technology Feedback control Mathematical models Mathematical monotonicity Operational research and scientific management Operational research. Management science Operations research Optimal control Planning. Forecasting Production costs Production planning Stochastic models stochastic production planning Theory Toll roads Trajectories turnpike sets Viscosity viscosity solutions
Online-Zugang:	Volltext
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!

Schreiben Sie den ersten Kommentar!