Displaying similar documents to “Control of inventories under non-convex polynomial cost functions.”

(s,S)-type policy for a production inventory problem with limited backlogging and with stockouts

Ryszarda Rempała (1997)

Applicationes Mathematicae

Similarity:

A production inventory problem with limited backlogging and with stockouts is described in a discrete time, stochastic optimal control framework with finite horizon. It is proved by dynamic programming methods that an optimal policy is of (s,S)-type. This means that in every period the policy is completely determined by two fixed levels of the stochastic inventory process considered.

On localizing global Pareto solutions in a given convex set

Agnieszka Drwalewska, Lesław Gajek (1999)

Applicationes Mathematicae

Similarity:

Sufficient conditions are given for the global Pareto solution of the multicriterial optimization problem to be in a given convex subset of the domain. In the case of maximizing real valued-functions, the conditions are sufficient and necessary without any convexity type assumptions imposed on the function. In the case of linearly scalarized vector-valued functions the conditions are sufficient and necessary provided that both the function is concave and the scalarization is increasing...