The document discusses the knapsack problem and how to solve it using dynamic programming. It describes the knapsack problem as finding the most valuable subset of items that fit in a knapsack of capacity W, given item weights and values. It then presents a dynamic programming algorithm that uses a recurrence relation and memory table to efficiently solve the problem in O(nW) time and space, finding the optimal subset. The document also describes how to use memory functions to solve the problem top-down while maintaining a bottom-up table to avoid recomputing subproblems.