RISK FUNCTIONS IN MULTIDIMENSIONAL STOCK CONTROL MODELS THAT FUNCTION IN A RANDOM MARKOV ENVIRONMENT

    loading  Checking for direct PDF access through Ovid

Abstract

This paper considers the problem of mathematical formalization and finding of explicit formulas for determination of risk functions in stock control models with goods of many kinds. The choice of the kind of goods and distribution of random variables that determine the behavior of a system depends on the state of the random Markov environment in which the system operates.

Related Topics

    loading  Loading Related Articles