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Optimal Strategies for the Multi-Task Inventory Control Model

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Abstract

We consider the control problem for Markov processes with discrete time. The multi-task model of inventory control for decreasing functions of general costs is analyzed and the existence conditions for the optimal strategy are found. The existence of optimal (s, S)-strategy in inventory control is proved.

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Correspondence to T. V. Pepelyaeva.

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Translated from Kibernetika i Sistemnyi Analiz, No. 1, January–February, 2016, pp. 115–121

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Pepelyaeva, T.V., Vovk, L.B. & Demchenko, I.Y. Optimal Strategies for the Multi-Task Inventory Control Model. Cybern Syst Anal 52, 107–112 (2016). https://doi.org/10.1007/s10559-016-9805-6

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