MULTI-DIMENSIONAL MAXIMIZATION, DYNAMIC PROGRAMMING AND ECONOMIC LOT SIZE

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.

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Document Details

Document Type
Technical Report
Publication Date
Apr 03, 1956
Accession Number
AD0605021

Entities

People

  • Richard E. Bellman

Organizations

  • RAND Corporation

Tags

DTIC Thesaurus Topics

  • Analytic Functions
  • Computations
  • Computer Programming
  • Computers
  • Digital Computers
  • Dynamic Programming
  • Equations
  • Integrals
  • Labor
  • Manpower
  • Microfiche
  • Personnel Management
  • Production
  • Sensitivity
  • Sequences
  • Variational Equations

Fields of Study

  • Mathematics

Readers

  • Operations Research