Resumen
We show the existence of average cost (AC-) optimal policy for an inventory system with uncountable state space; in fact, the AC-optimal cost and an AC-optimal stationary policy are explicitly computed. In order to do this, we use a variant of the vanishing discount factor approach, which have been intensively studied in recent years but the available results not cover the inventory problem we are interested in.
Idioma original | Inglés |
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Páginas (desde-hasta) | 451-471 |
Número de páginas | 21 |
Publicación | Mathematical Methods of Operations Research |
Volumen | 47 |
N.º | 3 |
DOI | |
Estado | Publicada - 1998 |