A Markovian Decision Process
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Abstract : The purpose of this paper is to discuss the asymptotic behavior of the sequence (f sub n(i)) generated by a nonlinear recurrence relation. This problem arises in connection with an equipment replacement problem, cf. S. Dreyfus, A Note on an Industrial Replacement Process.
[1] Stuart E. Dreyfus,et al. A Note on an Industrial Replacement Process , 1957 .