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In a companion paper (Godfrey and Powell 2002) we introduced an adaptive dynamic programming algorithm for stochastic dynamic resource allocation problems, which arise in the context of logistics and ...

Management Science, Vol. 37, No. 8 (Aug., 1991), pp. 909-925 (17 pages) This paper is concerned with the general dynamic lot size model, or (generalized) Wagner-Whitin model. Let n denote the number ...