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Listar por autor "Kortenhorst, Cleo G.F."
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On computational procedures for Value Iteration in inventory control
Dynamic programming (DP) is often seen in inventory control to lead to optimal ordering policies. When considering stationary demand, Value Iteration (VI) may be used to derive the best policy. In this paper, our focus is ... -
Value Iteration for Perishable Inventory Control
Kortenhorst, Cleo G.F. (2019-05-13)This thesis focuses on finding optimal order policies for perishable inventory in supermarkets. By means of value iteration (VI) and simulation, several inventory dynamics are compared. First, several cases were designed: ...