Search Results for author: Yi-Meng Li

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A Complete Algebraic Solution to the Optimal Dynamic Rationing Policy in the Stock-Rationing Queue with Two Demand Classes

no code implementations25 Aug 2019 Quan-Lin Li, Yi-Meng Li, Jing-Yu Ma, Heng-Li Liu

In this paper, we study a stock-rationing queue with two demand classes by means of the sensitivity-based optimization, and develop a complete algebraic solution to the optimal dynamic rationing policy.

Optimization and Control Computational Engineering, Finance, and Science Systems and Control Systems and Control 90B05, 90B22, 90B30, 60J27, 90C40, 93E20

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