Stochastic theory of inventory control

Stochastic theory of inventory control

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Article ID: iaor201081
Volume: 70
Issue: 12
Start Page Number: 2098
End Page Number: 2108
Publication Date: Dec 2009
Journal: Automation and Remote Control
Authors:
Keywords: inventory
Abstract:

The main results of the probabilistic analysis of the stationary modes in the single item and multi-item probabilistic models of optimal control were surveyed. Principles of construction of multidimensional recurrent schemes of calculation of complex probabilistic distributions by their generating functions were presented and illustrated by an example. Some of the results were published for the first time.

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