DOI

  • Oleg Malafeyev
  • Achal Awasthi
  • Irina Zaitseva
  • Denis Rezenkov
  • Svetlana Bogdanova

In this paper, we analyze dynamic programming as a novel approach to solve the problem of maximizing the profits of a bank. The mathematical model of the problem and the description of a bank's work is described in this paper. The problem is then approached using the method of dynamic programming. Dynamic programming makes sure that the solutions obtained are globally optimal and numerically stable. The optimization process is set up as a discrete multi-stage decision process and solved with the help of dynamic programming

Original languageEnglish
Title of host publicationInternational Conference on Electrical, Electronics, Materials and Applied Science
EditorsAvinash Ben, Shankar Nayak Bhukya, Venkata Rao
PublisherAmerican Institute of Physics
Number of pages9
ISBN (Electronic)9780735416475
ISBN (Print)9780735416475
DOIs
StatePublished - 24 Apr 2018
EventInternational Conference on Electrical, Electronics, Materials and Applied Science 2017 - Secunderabad, Telangana, India
Duration: 22 Dec 201723 Dec 2017

Publication series

NameAIP Conference Proceedings
PublisherAMER INST PHYSICS
Volume1952
ISSN (Print)0094-243X

Conference

ConferenceInternational Conference on Electrical, Electronics, Materials and Applied Science 2017
Country/TerritoryIndia
CitySecunderabad, Telangana
Period22/12/1723/12/17

    Scopus subject areas

  • Physics and Astronomy(all)

    Research areas

  • bank, dynamic mathematical model, modeling

ID: 36185219