This document discusses dynamic programming and how it can be applied to solve the knapsack problem. Dynamic programming is a method for solving complex problems by breaking them down into subproblems. The knapsack problem involves maximizing the monetary value of stolen items that can fit in a knapsack of limited weight capacity. It is solved using dynamic programming by considering all possible item combinations and choosing the highest valued selection under the weight limit. MATLAB code is provided as an example of how dynamic programming equations can be implemented to solve this problem.