Accession Number:

AD0768281

Title:

Stochastic Control of Queueing Systems.

Descriptive Note:

Technical rept.,

Corporate Author:

CORNELL UNIV ITHACA N Y DEPT OF OPERATIONS RESEARCH

Personal Author(s):

Report Date:

1973-08-01

Pagination or Media Count:

18.0

Abstract:

Suppose that the state of a queueing system is described by a Markov process Y sub t, t or 0, and the profit from operating it up to a time t is given by the function fY sub t. The author operates the system up to a time T, where the random variable T is a stopping time for the process Y sub t. Optimal stochastic control is achieved by choosing the stopping time T that maximizes EfY sub T over a given class of stopping times. In the paper a theory of stochastic control is developed for a single server queue with Poisson arrivals and general serivce times. Modified author abstract

Subject Categories:

  • Operations Research

Distribution Statement:

APPROVED FOR PUBLIC RELEASE