Inventory-production Theory: A Linear Policy Approach |
Contents
A linear Policy Approach | 1 |
P andor Q0 | 4 |
The linearquadratic model | 7 |
Copyright | |
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1+K₁ algorithm approximation ARMA-process assumption asymptotic balance equation calculated Chap chapter conditional means cost criterion cost deviations cost functions cost parameters costs are given defined demand sequence denotes derive deterministic distribution function dynamic certainty equivalents dynamic programming Ek+1 Êx+1 exponential smoothing follows forecasts Gauss-Markov Gauss-Markov process Gaussian Hence inventory costs inventory problem inventory-production investigate K₁ Kalman filter linear decision rule linear policy LNQ-approach non-quadratic Numerical Results obtains optimal costs optimal decision optimal policy period Piecewise Linear Costs Prob probability distribution procedure pure inventory quadratic quadratic functions R₁ random variables random walk recursive reduces respect restricted S,S)-policy safety stock Seiten sequence of demand set-up costs shown solved space representation stationary structure suboptimal Substituting variances white noise Wiener-Hopf equation xk+1 xx+1 z-transform ас Ик