Portfolio allocation under the vendor managed inventory: A Markov decision process

Markov decision processes have been applied in solving a wide range of optimization problems over the years. This study provides a review of Markov decision processes and investigates its suitability for solutions to portfolio allocation problems under vendor managed inventory in an uncertain marke...

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Bibliographic Details
Main Authors: VO Ezugwu, LI Igbinosun
Format: Article
Language:English
Published: Joint Coordination Centre of the World Bank assisted National Agricultural Research Programme (NARP) 2017-02-01
Series:Journal of Applied Sciences and Environmental Management
Subjects:
Online Access:https://www.ajol.info/index.php/jasem/article/view/150959