F1 and F2 are the fixed costs for the two products respectively. Where X1 and X2 stand for the number of tables and chairs; the cost terms in the brackets are the raw material, and labor costs respectively. Without loss of generality, and any impact on optimal solution, let us set F1 = 0, and … “Optimal strategy for a game dynamic programming”

# Tag: optimal

## Optimal strategy game theory definition

In effect a mortgage is a loan and a put option. The bank cannot do that to a homeowner. Your broker can and will sell you out if your stock falls in value below maintenance margin even momentarily. This is because the homeowner can put the house back to the bank if it falls underwater … “Optimal strategy game theory definition”