๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

Ergodic control problems for optimal stochastic production planning with production constraints

โœ Scribed by M. Ohashi

Publisher
Elsevier Science
Year
2000
Tongue
English
Weight
516 KB
Volume
31
Category
Article
ISSN
0895-7177

No coin nor oath required. For personal study only.

โœฆ Synopsis

study the ergodic control problem related to stochastic production planning in a single product manufacturing system with production constraints. The existence of a solution to the corresponding Hamilton-Jacobi-Bellman equation and its properties are shown. Furthermore, the optimal control for the ergodic control problem and an example are given.

๐Ÿ“œ SIMILAR VOLUMES

Robust inventory-production control prob
Robust inventory-production control problem with stochastic demand
โœ E. K. Boukas; P. Shi; A. Andijani ๐Ÿ“‚ Article ๐Ÿ“… 1999 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 169 KB

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

Sufficient conditions for optimal contro
Sufficient conditions for optimal control problems with mixed constraints
โœ E. Galewska; A. Nowakowski ๐Ÿ“‚ Article ๐Ÿ“… 2005 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 117 KB

## Abstract In this paper we derive sufficient conditions for optimal control problems with mixed control and state constraints by applying a dual approach to the dynamic programming. These conditions guarantee that a relative minimum is achieved. We seek an optimal pair in the class of those admis