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Dynamic Programming
SUBJECT : Operations Research
AUTHOR : Purna Chandra Biswal
PUBLISHED ON : 27/05/15
NUMBER OF PAGES : ( 39 Pages)
PRICE : Rs 13.65

The mathematical technique of optimizing a sequence of interrelated decisions over a period of times is called dynamic programming. It uses the idea of recurrence to solve a complex problem, broken into a series of sub-problems. The word dynamic has been used because time is explicitly taken into consideration. The objective in dynamic programming is to select a decision policy so as to optimize the returns that are in the form of costs or benefits.

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