Accession Number:

AD0604970

Title:

NOTES ON THE THEORY OF DYNAMIC PROGRAMMING---VI. THE WAREHOUSING MODEL

Descriptive Note:

Corporate Author:

RAND CORP SANTA MONICA CA

Personal Author(s):

Report Date:

1955-11-29

Pagination or Media Count:

8.0

Abstract:

The purpose of this paper is to show how the functional equation technique of the theory of dynamic programming yields a very simple computational algorithm for the solution of mathematical models arising in stock level studies. A numerical solution of these problems relying upon linear programming techniques had previously been given by Charnes and Cooper.

Subject Categories:

  • Operations Research

Distribution Statement:

APPROVED FOR PUBLIC RELEASE