On some applications of the theory of dynamic programming to logistics

✍ Scribed by Richard Bellman

• Publisher: John Wiley and Sons
• Year: 1954
• Tongue: English
• Weight: 641 KB
• Volume: 1
• Category: Article
• ISSN: 0894-069X
• DOI: 10.1002/nav.3800010209

✦ Synopsis

Corporation

This article considers multi-stage processes composed of a sequence of operations in which the outcome of the preceding operations may be used to guide the course of future operations. Examples of such processes can be found in many fields including industrial production, military planning, inter-industry analyses, and learning processes. A mathematical theory of dynamic programming is developed to treat such multi-stage processes arising in the field of logistics with examples of problems amenable to the techniques developed.