The Data Below Is a Dynamic Programming Solution for a Shortest

question 71

Multiple Choice

The data below is a dynamic programming solution for a shortest route problem.

-Using the data in Table M2-1, determine the minimum distance from point 1 to point 7.

• A)21
• B)22
• C)23
• D)24

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Definitions:

Payoff

The return or reward received from an investment or action.

Nash Equilibrium

A concept in game theory where each player's strategy is optimal given the strategies of all other players, leading to a situation where no player can benefit by changing strategies unilaterally.

Dominant Strategy

A strategy in game theory that yields the best outcome for a player, regardless of what strategies other players choose.

Nash Equilibrium

A concept in game theory where each player's strategy is optimal, given the strategies of other players, and no player has an incentive to deviate unilaterally.