Accession Number:

AD0605021

Title:

MULTI-DIMENSIONAL MAXIMIZATION, DYNAMIC PROGRAMMING AND ECONOMIC LOT SIZE

Descriptive Note:

Corporate Author:

RAND CORP SANTA MONICA CA

Personal Author(s):

Report Date:

1956-04-03

Pagination or Media Count:

22.0

Abstract:

It is shown that some problems arising in the determination of economic lot size lead to the analytic problem of determining the maximum of a certain function subject to a number of constraints. These problems are reduced to the determination of a sequence of functions via the functional equation approach of the theory of dynamic programming.

Subject Categories:

  • Computer Hardware

Distribution Statement:

APPROVED FOR PUBLIC RELEASE