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A stochastic control model for optimal timing of climate policies

✍ Scribed by O. Bahn; A. Haurie; R. Malhamé

Publisher
Elsevier Science
Year
2008
Tongue
English
Weight
992 KB
Volume
44
Category
Article
ISSN
0005-1098

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A two-station stochastic inventory model
A two-station stochastic inventory model with exact methods of computing optimal policies
✍ Robert F. Love 📂 Article 📅 1967 🏛 John Wiley and Sons 🌐 English ⚖ 958 KB

A method i s presented for calculating optimal inventory levels in a two-station transactions reporting inventory system. The c r i t e r i o n of optimality i s the minimization of expected cost. The computational properties of the model a r e s t r e s s e d and the solution method is precise.