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math.OC2019
An Overview for Markov Decision Processes in Queues and Networks
Quan-Lin Li, Jing-Yu Ma, Rui-Na Fan +1
Markov decision processes (MDPs) in queues and networks have been an interesting topic in many practical areas since the 1960s. This paper provides a detailed overview on this topi…
math.OC2019
A Complete Algebraic Solution to the Optimal Dynamic Rationing Policy in the Stock-Rationing Queue with Two Demand Classes
Quan-Lin Li, Yi-Meng Li, Jing-Yu Ma +1
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 dyn…