ICMS

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The number 26 (in row 0 and column 13) is the utility when 13 units of space is available and no Roulette table is taken. If we have 21 units of space and we take only 2 tables of Roulette (with utility = 11+11=22), then 21 (2×6) = 9 units of space is available for Blackjack and Baccarat tables. As F2(9) = 19, the total utility is 22 + 19 = 41 (in row 2 and column 21).

STAGE 4: Game: Poker Space occupied per table: 3 units Utility Values: 8, 6, 4, 2.

At the last stage, all 4 games are considered and the space available is taken to be maximum (25 units).

S\d

0

1

2

3

4

F4

d4

25

48

49

51

50

46

51

2

 

Thus, the maximum utility of 51 is attained when we take 2 Poker tables.

 

Optimal policy:

The optimal policy is to set up 2 tables of Poker, 1 table of Roulette, 1 table of Blackjack and 2 tables of Baccarat which gives us a total utility of 51.

Stage

Sn (Space available)

Optimal policy

Transition to space left for previous stage

4

25

d4 = 2

S3 = S4 d4a4 = 25 2×3 = 19

3

19

d3 = 1

S2 = S3 d3a3 = 19 1×6 = 13

2

13

d2 = 1

S1 = S2 d2a2 = 13 1×5 = 80

1

8

d1 = 2

S0 = 0

 

Group Minimisation Algorithm:

In the dynamic programming algorithm, the number of calculations is n × b, where n is the total number of objects and b is the size of the knapsack. In the group minimisation algorithm, use of group theoretic techniques considerably reduces the number of calculations.

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