Consider the average reward version of the model in Problem 6.1. a. Show that the model is…

Consider the average reward version of the model in Problem 6.1.

a. Show that the model is recurrent.

b. Find a .Ol-optimal policy using value iteration.

c. Find an optimal policy using policy iteration.

d. Show that the model satisfies one of the hypotheses of Theorem 8.5.3 and conclude that value iteration converges. Determine its rate of convergence with respect to the span seminorm.

e. Find an optimal policy using modified policy iteration.

f. For what values of h is the average optimal policy equal to the optimal policy for the discounted model?

g. Solve the problem using linear programming.

h. Solve a constrained version of the problem, in which the averagc cost of sending catalogs does not exceed $7.50 per period. Investigate the sensitivity of the optimal policy to this cost. Display your results graphically by plotting the optimal policy versus this cost.

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more
error: Content is protected !!