Computation of the Optimal Average Cost Policy for the Two Terminal Shuttle.
Abstract
This paper considers the problem of determining the optimal average cost policy for operating a shuttle between two terminals. The passengers arrive at each of the terminals according to Poisson processes and are transported by a single carrier with capacity Q < or = infinity operating between the terminals. Under a fairly general cost structure, the optimal average cost policy is monotone. bounds are derived for the optimal control function and computational procedures for determining the optimal policy for both the finite and infinite capacity cases are presented.
Document Details
- Document Type
- Technical Report
- Publication Date
- Apr 30, 1978
- Accession Number
- ADA060912
Entities
People
- Rajat K. Deb
Organizations
- Stanford University