Abstract
We consider a time slotted communication system consisting of a base station (BS) and a user. At each time slot an update packet arrives at the BS with probability , and the BS successfully transmits the update packet with probability over an erasure channel. We assume that the BS has a unit size buffer where it can store an update packet upon paying a storage cost . There is a trade-off between the age of information and the storage cost. We formulate this trade-off as a Markov decision process and find an optimal switching type storage policy.
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