Search Results - subject:"dynamic programming"

Duality in stochastic linear and dynamic programming

Klein Haneveld, Willem Karel; Klein Haneveld, Willem K. - 1986

Persistent link: https://www.econbiz.de/10011519484

A dynamic programming based heuristic for industrial buying of cardboard

Gochet, W.; Vanderbroek, M. - 1986

Persistent link: https://www.econbiz.de/10011870683

Monopoly and lagged demand adjustments

Rauscher, Michael - 1986

Persistent link: https://www.econbiz.de/10013381744

A Tactical Decision Algorithm for the Optimal Dispatching of Oil Spill Cleanup Equipment

Psaraftis, Harilaos N.; Ziogas, Babis O. - In: Management Science 31 (1985) 12, pp. 1475-1491

We develop an optimization procedure for assisting decision-makers in the allocation of resources for cleaning up a specific oil spill. The objective function is to minimize a weighted combination of spill-specific response and damage costs. Inputs to this problem include information about the...

Persistent link: https://www.econbiz.de/10009191446

Optimal Capacity Expansion Over an Infinite Horizon

Bean, James C.; Smith, Robert L. - In: Management Science 31 (1985) 12, pp. 1523-1532

The problem of choosing an optimal initial capacity expansion from a finite number of durable facility sizes is affected by potential future expansion decisions. As we consider such expansions over longer and longer study horizons, the optimal initial facility choice can fluctuate due to...

Persistent link: https://www.econbiz.de/10009197998

A Linear Dynamic Programming Approach to Irrigation System Management with Depleting Groundwater

Stoecker, A. L.; Seidmann, A.; Lloyd, G. S. - In: Management Science 31 (1985) 4, pp. 422-434

distribution system configuration, drilling policy, area developed for irrigation, and crop production. A Linear Dynamic … Programming (LDP) method is developed and applied to derive optimal temporal investments in the use of stock resources and long … state variables related to annual water use and irrigation system capacity. The PLP results are then used in a dynamic …

Persistent link: https://www.econbiz.de/10009203771

Bayes Solution to Dynamic Inventory Models Under Unknown Demand Distribution

Azoury, Katy S. - In: Management Science 31 (1985) 9, pp. 1150-1160

This paper considers the periodic review inventory problem for which one or more parameters of the demand distribution are unknown with a known prior distribution chosen from the natural conjugate family. The Bayesian formulation of this problem results in a dynamic program with a...

Persistent link: https://www.econbiz.de/10009209013

Note---A Dynamic Programming Algorithm for Joint Replenishment Under General Order Cost Functions

Rosenblatt, Meir J.; Kaspi, Moshe - In: Management Science 31 (1985) 3, pp. 369-373

dynamic programming algorithm is developed for partitioning the items into groups, each with its own fixed cycle time …

Persistent link: https://www.econbiz.de/10009214860

Employing Financial Futures to Increase the Return on Near Cash (Treasury Bill) Investments

Elton, Edwin J.; Gruber, Martin J.; Rentzler, Joel C. - In: Management Science 31 (1985) 3, pp. 293-300

of the portfolio. The solution technique used is dynamic programming. The results of applying a dynamic programming …

Persistent link: https://www.econbiz.de/10009218408

Observational equivalence of the overlapping generations and the discounted dynamic programming frameworks for one-sector growth

Aiyagari, S. Rao - In: Journal of economic theory 35 (1985) 2, pp. 201-221

Persistent link: https://www.econbiz.de/10001815514