29 citations · 84 across the 10 of their papers we have counts for
Showing 2016 · math.OCShow all
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math.OC2016★ 9 cited
Optimal Drift Rate Control and Impulse Control for a Stochastic Inventory/Production System
Ping Cao, Dacheng Yao
In this paper, we consider joint drift rate control and impulse control for a stochastic inventory system under long-run average cost criterion. Assuming the inventory level must b…
math.OC2016
Optimal Control of a Levy Inventory System: The Optimality of Control Band Policy
Jinbiao Wu, Haolin Feng, Dacheng Yao
We consider an inventory system whose state is modeled by a Lévy process. There are two types of costs--the running costs and the inventory control costs. The running costs (also k…
math.OC2016★ 18 cited
Joint pricing and inventory control for a stochastic inventory system with Brownian motion demand
Dacheng Yao
In this paper, we consider an infinite horizon, continuous-review, stochastic inventory system in which cumulative customers' demand is price-dependent and is modeled as a Brownian…