Vega-Amaya, Oscar; Montes-de-Oca, Raúl - In: Mathematical Methods of Operations Research 47 (1998) 3, pp. 451-471
We show the existence ofaverage cost (AC-) optimal policy for an inventory system withuncountable state space; in fact, the AC-optimal cost and an AC-optimal stationary policy areexplicitly computed. In order to do this, we use a variant of thevanishing discount factor approach, which have been...
