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ANALYTICAL RESULTS 4
SUMMARY EXTENSIONS UNSOLVED PROBLEMS AND AREAS
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01 ll Zl age distribution Assume assumptions bounded arguments Chapter CM CM CM CMCMCMCMCMCMCMCM CMCMCMCMCMCMCMCMCM CMCMCMCMCMCMCMCMCMCM CMCMCMCMCMCMCMCMCM CMCMCMCMCMCMCMCMCMCM CMCMCMCMCMCMCMCMCMCMCM CMCMCMCMCMCMCMCMCMCM CMCMCMCMCMCMCMCMCMCMCM CMCMCMCMCMCMCMCMCMCMCMCM CMCMCMCMCMCMCMCMCMCMCM CMCMCMCMCMCMCMCMCMCMCMCM CMCMCMCMCMCMCMCMCMCMCMCMCM computation considered continuous function continuously differentiable contraction mapping convergence convex Corollary cost structures demand distribution denote discrete model disposal cost Elias Fries expected discounted cost Figure fixed fj(w geometric distribution given horizon problem immortal inventory integer intf inven inventory model inventory positions Lemma lifetime linear miny>w modified geometric monotonically non-negative notation Number of iterations number of units obtained optimal order optimal policy optimal target inventory order is placed order quantity ordering costs ordering policy ordering region partial derivatives Poisson distribution problem Proof Proposition S-policy satisfies shortage cost shown stationary policy steady state optimal suboptimal policies target inventory function term Theorem total inventory vector yn(w Z1 Zl zero zero-v Zl Z1 Zl Zl Zl