A note on the stochastic shortest-route problem |
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Authors: | John S. Croucher |
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Abstract: | This paper develops an algorithm for a “shortest route” network problem in which it is desired to find the path which yields the shortest expected distance through the network. It is assumed that if a particular arc is chosen, then there is a finite probability that an adjacent arc will be traversed instead. Backward induction is used and appropriate recursion formulae are developed. A numerical example is provided. |
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