Abstract
The idea of dynamic programming was conceived by Bellman and developed by Howard [Ho 2], amongst others, into a method of analysis for discrete problems which is particularly useful in dealing with numerical data. Its scope is not confined to the applications discussed in this book. A brief, general introduction to the subject is provided by Van der Veen [Ve 1] and by Kaufmann/Faure [Ka 2]. Bellman’s principle of optimality plays a fundamental part in this: a problem which is insoluble in itself and involves an object function of n variables, can be overcome by solving n problems, each with one variable, one after another.
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© 1972 N. V. Philips’ Gloeilampenfabrieken, Eindhoven
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van Hees, R.N., Monhemius, W. (1972). The idea of dynamic programming as applied to multi-stage decisions. In: Production and Inventory Control: Theory and Practice. Philips Technical Library. Palgrave, London. https://doi.org/10.1007/978-1-349-01312-8_8
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DOI: https://doi.org/10.1007/978-1-349-01312-8_8
Publisher Name: Palgrave, London
Print ISBN: 978-1-349-01314-2
Online ISBN: 978-1-349-01312-8
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