A ship carries cargo back and forth between two ports. In each period t, a quantity qt of cargo arrives at port 1 to be shipped to port 2, and quantity q i of cargo arrives at port 2 to be shipped in...



A ship carries cargo back and forth between two ports. In each period


t, a quantity qt of cargo arrives at port 1 to be shipped to port 2, and quantity


q


i of cargo arrives at port 2 to be shipped in the opposite direction. The unit


cost of holding cargo at either port is ct in period t. At the beginning of each


period, the ship captain decides whether to sail to the other port at a cost


of C, or to wait for more cargo to accumulate before sailing. The capacity


of the ship is infinite for practical purposes. Write a dynamic programming


recursion to find a minimum-cost sailing schedule.



May 26, 2022
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