4.2 Article

Accuracy of fluid approximations to controlled birth-and-death processes: absorbing case

期刊

MATHEMATICAL METHODS OF OPERATIONS RESEARCH
卷 73, 期 2, 页码 159-187

出版社

SPRINGER HEIDELBERG
DOI: 10.1007/s00186-010-0340-3

关键词

Birth-and-death process; Continuous-time Markov chain; Fluid model; Optimal control; Queueing system; Dynamic programming

资金

  1. ORSAS award
  2. University of Liverpool Graduate Association (Hong Kong)
  3. University of Liverpool
  4. British Council [PN08.021]

向作者/读者索取更多资源

We consider the fluid model of a controlled birth-and-death process with an absorbing state. Instead of analyzing the trajectories, we investigate the performance functionals of the underlying process by considering algebraic equations of the dynamic programming type. We provide the accuracy of such fluid approximations and give illustrative examples.

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