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

Authors :
Piunovskiy, Alexey
Zhang, Yi
Source :
Mathematical Methods of Operations Research; Apr2011, Vol. 73 Issue 2, p159-187, 29p, 3 Graphs
Publication Year :
2011

Abstract

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. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
14322994
Volume :
73
Issue :
2
Database :
Complementary Index
Journal :
Mathematical Methods of Operations Research
Publication Type :
Academic Journal
Accession number :
59317272
Full Text :
https://doi.org/10.1007/s00186-010-0340-3