Dynamic Programming and the Economics of Optimal Grain Storage
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Understanding the dynamic programming algorithms used In the optimal grain
storage literature IS a prerequisite to understanding the findings of this literature
This article Introduces these dynamic programming algorithms by examining several
In terms of their underlying economic behavior These are Gustafson's original algorithms
and algorithms developed by Gardner and Ippolito that Include rational
producer response In addition to optimal grain storage, making them the most
advanced m the optimal gram storage literature