does the discount factor play in the Bellman equation, and how does it impact the computation of optimal values?

Operations Research : Applications and Algorithms
4th Edition
ISBN:9780534380588
Author:Wayne L. Winston
Publisher:Wayne L. Winston
Chapter4: The Simplex Algorithm And Goal Programming
Section4.13: The Two-phase Simplex Method
Problem 2P
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What role does the discount factor play in the Bellman equation, and how does it impact the computation of optimal values?

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