Optimizing Fibonacci Sequence Calculation with Dynamic Programming

Question

I'm working on a project that involves computing large Fibonacci numbers, and the recursive approach is too slow. How can I use dynamic programming techniques to optimize the calculation of Fibonacci numbers? What are the key concepts and algorithms to employ, and how can I implement them efficiently in my code?"

This question addresses a common use case for dynamic programming and invites experts to provide insights into optimizing Fibonacci number calculations.