Revista Colombiana de Matemáticas
versión impresa ISSN 0034-7426
HERNANDEZ FLOREZ, MÓNICA. Control of inventories under non-convex polynomial cost functions. Rev.colomb.mat. [online]. 2007, vol.41, suppl.1, pp. 221-246. ISSN 0034-7426.
I propose an alternative method for computing effectively the solution of the control inventory problem under non-convex polynomial cost functions. I apply the method of moments in global optimization to transform the corresponding, non-convex dynamic programming problem into an equivalent optimal control problem with linear and convex structure. I device computational tools based on convex optimization, to solve the convex formulation of the original problem.
Palabras llave : Method of moments; control of inventories; non-convex polynomial functions; global optimization.