Exam 21: Dynamic Programming
Exam 1: Introduction63 Questions
Exam 2: An Introduction to Linear Programming66 Questions
Exam 3: Linear Programming: Sensitivity Analysis and Interpretation of Solution56 Questions
Exam 4: Linear Programming Applications in Marketing, Finance, and Operations Management63 Questions
Exam 5: Advanced Linear Programming Applications46 Questions
Exam 6: Distribution and Network Models70 Questions
Exam 7: Integer Linear Programming61 Questions
Exam 8: Nonlinear Optimization Models51 Questions
Exam 9: Project Scheduling: Pertcpm59 Questions
Exam 10: Inventory Models65 Questions
Exam 11: Waiting Line Models68 Questions
Exam 12: Simulation62 Questions
Exam 13: Decision Analysis97 Questions
Exam 14: Multicriteria Decisions50 Questions
Exam 15: Time Series Analysis and Forecasting63 Questions
Exam 16: Markov Processes49 Questions
Exam 17: Linear Programming: Simplex Method51 Questions
Exam 18: Simplex-Based Sensitivity Analysis and Duality35 Questions
Exam 19: Solution Procedures for Transportation and Assignment Problems44 Questions
Exam 20: Minimal Spanning Tree19 Questions
Exam 21: Dynamic Programming38 Questions
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If x3 = t4 (x4,d4) = x4 − 2d4 and r4(x4,d4) = 16d4 the state variable is
(Multiple Choice)
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State variables are a function of a state variable and a decision.
(True/False)
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Finding the optimal solution to each stage of a dynamic programming problem will always lead to an optimal solution to the total problem.
(True/False)
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We have a number of types of items to be shipped as cargo. The total available weight in the truck is ten tons. We wish to determine the number of units of items to be shipped to maximize profit. 

(Essay)
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The knapsack problem is to determine how many units of each item to place in the knapsack to:
(Multiple Choice)
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Dynamic programming, when used for the shortest route problem, requires complete enumeration of paths from the beginning to ending node.
(True/False)
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Find the shortest path through the following network using dynamic programming. 

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The solution of stage k of a dynamic programming problem is dependent upon the solution of stage k−1.
(True/False)
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What is the Principle of Optimality, and what is its relationship to dynamic programming?
(Essay)
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Marvelous Marvin is planning his annual "Almost Everything Must Go" inventory clearance sale. Marvin has decided to allocate 18 shelf feet to the cooking section. He is considering offering up to five items for sale in this category:
If Marvin wants at least one item A and one item B on sale, what stock should he have on sale and what is the total expected profit?

(Essay)
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A cargo company has a set of delivery patterns for its goods from its locations at city1 to a series of cities 2,3,4,5, and 6. The delivery times between cities are given I hours below. Find the shortest route. 

(Short Answer)
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Define the following terms as they relate to dynamic programming.
a.Stage
b.State variable
c.Stage transformation function
(Short Answer)
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In a production and inventory control problem, the states can correspond to the amount of inventory on hand at the beginning of each period.
(True/False)
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In a knapsack problem, if one adds another item, one must completely resolve the problem in order to find a new optimal solution.
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The subscripts used in dynamic programming notation refer to states.
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