Optimal Strategies for a Semi-Markovian Inventory System |
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| Authors: | S. S. Demchenko P. S. Knopov R. K. Chorney |
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| Affiliation: | (1) Cybernetics Institute, National Academy of Sciences of Ukraine, Kiev, Ukraine;(2) Interregional Academy of Personnel Management, Kiev, Ukraine |
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| Abstract: | Control for a semi-Markovian inventory system is considered. Under general assumptions on system functioning, conditions for existence of an optimal nonrandomized Markovian strategy are found. It is shown that under some additional assumptions on storing conditions for the inventory, the optimal strategy has a threshold (s, S)-frame. |
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| Keywords: | optimal strategies semi-Markovian system inventory system |
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