1 Introduction -- I Foundations of Stochastic Inventory Control -- 2 Basic Inventory Management -- 3 Stochastic Inventory Control -- II Essential Stochastic Processes -- 4 Markov Chains -- 5 Numerical Solution of Markov Chains -- 6 Comparing Stochastic Processes -- III Stochastic Inventory...

A production and inventory control problem is solved by a modified computational dynamic programming procedure. Specifically a two dimensional problem described by differential system equations with an integral objective function is solved by the proposed scheme. The numerical results are...