Accession Number:

AD0606367

Title:

A Markovian Decision Process

Descriptive Note:

Corporate Author:

RAND CORP SANTA MONICA CA

Personal Author(s):

Report Date:

1957-04-18

Pagination or Media Count:

15.0

Abstract:

The purpose of this paper is to discuss the asymptotic behavior of the sequence f sub ni generated by a nonlinear recurrence relation. This problem arises in connection with an equipment replacement problem, cf. S. Dreyfus, A Note on an Industrial Replacement Process.

Subject Categories:

  • Statistics and Probability
  • Operations Research
  • Logistics, Military Facilities and Supplies

Distribution Statement:

APPROVED FOR PUBLIC RELEASE