Dynamic programming models, Operation Research

Dynamic programming may be considered thoutgrowth of mathematical programming and involves the optimization of multistage( sequence of inter related decisions) decision processes. The method starts by dividing a given problem into stage or sub problems and then solves those sub problems sequentially until the solution to the original problem is obtained.

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In this method variables beings studied are controlled by the investigator. In other the effect of one variable is observed while other relevant variables are held constant