Abstract
We consider an Approximate Dynamic Programming heuristic to support the selection of defense projects when projects have different values and are originated intermittently but fairly frequently. We show that a simple policy reserving a positive fraction of the available budget for high-value projects not yet originated is superior to a greedy knapsack approach.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
More From: The Journal of Defense Modeling and Simulation: Applications, Methodology, Technology
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.