no code implementations • 25 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