Semi-Markov control models with average costs
Tom 26 / 1999
Applicationes Mathematicae 26 (1999), 315-331
DOI: 10.4064/am-26-3-315-331
Streszczenie
This paper studies semi-Markov control models with Borel state and control spaces, and unbounded cost functions, under the average cost criterion. Conditions are given for (i) the existence of a solution to the average cost optimality equation, and for (ii) the existence of strong optimal control policies. These conditions are illustrated with a semi-Markov replacement model.
