3 citations · 5 across the 5 of their papers we have counts for
5 papers · 1 filter
A Class of Discrete-time Mean-field Stochastic Linear-quadratic Optimal Control Problems with Financial Application
Xun Li, Allen H. Tai, Fei Tian
This paper is concerned with a discrete-time mean-field stochastic linear-quadratic optimal control problem arose from financial application. Through matrix dynamical optimization…
A continuous time multi-echelon inventory model for deteriorating items with transshipment
Allen H. Tai
In this paper, we propose a continuous time model for a multi-echelon inventory system. Items in the inventory are deteriorating. Lateral transshipment are allowed among the wareho…
An EOQ model for imperfect quality items with multiple screening and shortage backordering
Allen H. Tai
In this paper, we propose an inventory model where items are inspected through multiple screening processes before delivery to customers. Each screening process has independent scr…
An inventory model for group-buying auction
Allen H. Tai
Group-buying auction has become a popular marketing strategy in the last decade. In this paper, a stochastic model is developed for an inventory system subjects to demands from gro…
Economic production quantity models for imperfect product and service with rework
Allen H. Tai
When imperfect quality products are produced in a production process, rework may be performed to make them become serviceable. In an inventory system, items may deteriorate. Sellin…