ASSOCIATED TO THE IWAGZEZNT OF A TWO-PRODUCT INVENTORY SYSTEM

Agnes Suiem · 1982

We determine the optimal policy for an impulse control problem associated to the management of a two-product inventory system, in a deterministic situation ; the coupling appears only in the fixed cost. Dynanic Programming leads to the study of a Quasi-VariationalInequality (Q.V.I.) in R2. This Q.V.I. is solved exactly and an explicit formula is given for the boundary of the continuation set.

Read the paper · More papers on PaperTik