Question
you wish to cut a 20 foot log to obtain the maximum possible value. You can cut it into any combination of 2, 4, 6,
you wish to cut a 20 foot log to obtain the maximum possible value. You can cut it into any combination of 2, 4, 6, 8 or 10 foot segments. These segments are worth 1, 3, 8, 11 and 13 dollars respectively. Find the optimal cutting pattern for this log using Markov Decision Processes (MDP) and backward induction
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Small Business Management Entrepreneurship And Beyond
Authors: Timothy S. Hatten
6th Edition
128586638X, 978-1285866383
