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math.OC2020
Ergodic inventory control with diffusion demand and general ordering costs
Bo Wei, Dacheng Yao
In this work, we consider a continuous-time inventory system where the demand process follows an inventory-dependent diffusion process. The ordering cost of each order depends on t…
math.OC2019
Impulse Control with Discontinuous Setup Costs: Discounted Cost Criterion
Fen Xu, Dacheng Yao, Hanqin Zhang
This paper studies a continuous-review backlogged inventory model considered by Helmes et al. (2015) but with discontinuous quantity-dependent setup cost for each order. In particu…