Dynamic Programming (Leaving Cert Applied Maths): Quizzes

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What is the primary purpose of dynamic programming?

Break complex problems into stages

In routing problems, what is the main objective?

Minimise costs or maximise profits

What is the value calculation formula for routing problems?

Value=ProfitTravel+OVD\text{Value} = \text{Profit} - \text{Travel} + \text{OVD}

In stock control problems, what does the stage represent?

Time period with known demand

What is the cost calculation for stock control problems?

Costs=Storage+Overheads+Labour+OVD\text{Costs} = \text{Storage} + \text{Overheads} + \text{Labour} + \text{OVD}

What is the typical goal in resource allocation problems?

Maximise profit or benefit

In resource allocation, what does the state show?

Amount of resource available

What do equipment maintenance problems balance?

Maintenance costs vs newer equipment

How many key columns are in a dynamic programming table structure?

Five

What does OVD stand for in dynamic programming?

Optimal Value to Destination

What does the 'Destination' column represent in the table?

Where the action takes you next

What does dynamic programming guarantee when used correctly?

Optimal solutions

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