The replacement problem of equipment is studied by employing the dynamic planning principle. This paper extends the present common dynamic programming model that only includes the decision-making of ...

This paper describes the use of preemptive priority based fuzzy goal programming method to fuzzy multiobjective fractional decision making problems under the framework of multistage dynamic ...

We will introduce the concept of dynamic programming using a simple example of the "rod cutting problem". We will see that dynamic programming uses a step-by-step approach that involves making a ...