DYNAMIC PROGRAMMING AND STOCHASTIC CONTROL PROCESSES
Abstract
It is shown how the functional equation technique of dynamic programming may be used to obtain a new computational and analytic approach to variational problems. The limited memory capacity of present-day digital computers limits the successful application of these techniques to first and second order systems at the moment, with limited application to higher order systems.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 27, 1958
- Accession Number
- AD0606259
Entities
People
- Richard E. Bellman
Organizations
- RAND Corporation