Article ID: | iaor1990704 |
Country: | Israel |
Volume: | 26 |
Issue: | 4 |
Start Page Number: | 1 |
End Page Number: | 7 |
Publication Date: | Dec 1989 |
Journal: | Journal of Applied Probability |
Authors: | Kyriakidis E.G., Abakuks Andris. |
This paper is concerned with the problem of controlling a simple immigration-birth process, which represents a pest population, by the introduction of catastrophes which, when they occur, reduce the population size to zero. The optimality criterion is that of minimising the long-term average cost per unit time of the process. Firstly, an optimal policy is found within a restricted class of stationary policies, which introduce catastrophes if and only if the population size is greater than or equal to some critical value