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An Application of Regenerative Stochastic Processes to a Problem in Inventory Control

✍ Scribed by Arthur P. Hurter and Frank C. Kaminsky

Book ID
123685369
Publisher
INFORMS
Year
1967
Tongue
English
Weight
481 KB
Volume
15
Category
Article
ISSN
0030-364X

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πŸ“œ SIMILAR VOLUMES

Optimal control problems with differenti
Optimal control problems with differential inclusions: Sufficiency conditions and an application to a production-inventory model
✍ Richard F. Hartl; Suresh P. Sethi πŸ“‚ Article πŸ“… 1984 πŸ› John Wiley and Sons 🌐 English βš– 818 KB

In this paper we derive useful sufficiency optimality conditions for a class of optimal control problems subject to differential inclusions and involving non-differentiable functions. A production-inventory problem is solved to illustrate our results. KEY WORDS Sufficient conditions Differential inc