Optimal-control of a simple immigration – birth–death process through total catastrophes

Optimal-control of a simple immigration – birth–death process through total catastrophes

0.00 Avg rating0 Votes
Article ID: iaor19981193
Country: Netherlands
Volume: 81
Issue: 2
Start Page Number: 346
End Page Number: 356
Publication Date: Mar 1995
Journal: European Journal of Operational Research
Authors:
Keywords: agriculture & food, markov processes
Abstract:

This paper deals with the problem of controlling a simple immigration–birth–death process, which represents a pest population, by the introduction of total catastrophes. The optimality criterion is that of minimising the long-run average cost per unit time. A semi-Markov decision formulation with a finite set of decision epochs is obtained, provided that the birth, death and catastrophe rates satisfy a certain condition. The optimal policy is found to be of control-limit type by the standard policy iteration algorithm.

Reviews

Required fields are marked *. Your email address will not be published.