A Note on the Application of Dynamic Correction to the Optimization of a Multiperiod Resource Allocation Problem |
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Authors: | Charles B Weinberg |
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Institution: | 1.Graduate School of Business, Stanford University, |
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Abstract: | In this note, Luss's approach to optimization of a multiperiod resource allocation problem is employed to include carry-over effects of the controllable variable on future periods and also to include the carry-over effect from previous periods. |
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