Accession Number : ADA018188

Title :   Infinite Horizon Dynamic Programming Models--A Planning Horizon Formulation.

Descriptive Note : Technical rept.,

Corporate Author : CARNEGIE-MELLON UNIV PITTSBURGH PA MANAGEMENT SCIENCES RESEARCH GROUP

Personal Author(s) : Morton,Thomas E.

Report Date : AUG 1975

Pagination or Media Count : 41

Abstract : Two major research areas in dynamic programming are the proper optimality criteria for infinite horizon models with divergent costs, and conditions under which planning horizon procedures can be effective. The author provides a formal framework for both problems by extending the regeneration set machinery developed by Lundin and Morton for the dynamic lot size model. The discussion is limited to discrete time models.

Descriptors :   *Dynamic programming, Set theory, Mathematical models, Algorithms, Optimization

Subject Categories : Operations Research

Distribution Statement : APPROVED FOR PUBLIC RELEASE