Question: Question 2: Rod cutting problem: A cutting factory buys long steel rods and then and cuts them into shorter rods, which it then sells. Each

 Question 2: Rod cutting problem: A cutting factory buys long steel

Question 2: Rod cutting problem: A cutting factory buys long steel rods and then and cuts them into shorter rods, which it then sells. Each cut is free. The selling price is based on the length of the cut. The factory want to determine the best cuts in order to maximize its revenue. Below, the price that the factory can make for each length of rod is given. Determine the maximum revenue, lo, obtainable by cutting up the rod and selling the pieces using bottom-up dynamic-programming approach. Length, 1 2 3 4 5 6 7 Price, pi 2 4 5 6 9 10 12 r5 =

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