Ergodic control in stochastic manufacturing systems with constant demand

Hiroaki Morimoto*, Yasuhiro Fujita

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

4 Scopus citations

Abstract

We study the ergodic control problem of production planning in stochastic manufacturing systems with constant demand. The optimal control and the minimum value are given by a solution to the corresponding Bellman equation.

Original languageEnglish
Pages (from-to)228-248
Number of pages21
JournalJournal of Mathematical Analysis and Applications
Volume243
Issue number2
DOIs
StatePublished - 2000/03/15

ASJC Scopus subject areas

  • Analysis
  • Applied Mathematics

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