MIE376 Lec 12 - S 1 ={0 S n = 0,1,2,3,4 for n=2,3,4 S n Set of Feasible States Number of units in inventory at beginning of month n s n State

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MIE 376 Mathematical Programming 9 0.5s n + x n + 3 , if x n > 0 0.5s n , otherwise h n (s n , x n ) Immediate Return s n+1 = s n + x n -D n s n+1 =g n (s n , x n ) Transition Relation X n (s n ) = { x n | 0 s n + x n –D n 4, x n 5} for n=1,2,3,4 X n (s n ) or X n Set of Feasible Decisions Number of units produced during month n x n (s n ) or x n Decision Variable
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Unformatted text preview: S 1 = {0}; S n = { 0,1,2,3,4} for n=2,3,4 S n Set of Feasible States Number of units in inventory at beginning of month n s n State Variable Months n=1,2,3,4 n=1,…,N Stages Application to Inventory Problem Notation Concept...
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This note was uploaded on 07/10/2011 for the course MIE 376 taught by Professor Daniel during the Spring '11 term at University of Toronto- Toronto.

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