On the computational solution of dynamic-programming processes—VIII

A bottleneck situation involving interdependent industries

Richard Ernest Bellman, Stuart E. Dreyfus

ResearchPublished 1957

An examination of the computational solution of a maximization problem arising in the study of the use of interdependent industries. Assuming proportional costs and returns, it is shown that the dimensionality of the problem can always be reduced by one, and that all the transformations occurring can be taken to be "shrinking transformations." These transformations improve greatly the efficiency of the method. 16 pp.

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  • Copyright: RAND Corporation
  • Availability: Available
  • Year: 1957
  • Print Format: Paperback
  • Paperback Pages: 15
  • Paperback Price: $20.00
  • DOI: https://doi.org/10.7249/RM1752
  • Document Number: RM-1752

Citation

RAND Style Manual
Bellman, Richard Ernest and Stuart E. Dreyfus, On the computational solution of dynamic-programming processes—VIII: A bottleneck situation involving interdependent industries, RAND Corporation, RM-1752, 1957. As of October 11, 2024: https://www.rand.org/pubs/research_memoranda/RM1752.html
Chicago Manual of Style
Bellman, Richard Ernest and Stuart E. Dreyfus, On the computational solution of dynamic-programming processes—VIII: A bottleneck situation involving interdependent industries. Santa Monica, CA: RAND Corporation, 1957. https://www.rand.org/pubs/research_memoranda/RM1752.html. Also available in print form.
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