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In theoretical computer science, the continuous knapsack problem (also known as the fractional knapsack problem) is an algorithmic problem in combinatorial optimization in which the goal is to fill a container (the "knapsack") with fractional amounts of different materials chosen to maximize the value of the selected materials.
The knapsack problem, though NP-Hard, is one of a collection of algorithms that can still be approximated to any specified degree. This means that the problem has a polynomial time approximation scheme. To be exact, the knapsack problem has a fully polynomial time approximation scheme (FPTAS). [26]
The knapsack problem is one of the most studied problems in combinatorial optimization, with many real-life applications. For this reason, many special cases and generalizations have been examined. For this reason, many special cases and generalizations have been examined.
0-1 knapsack problem. [19] Unbounded knapsack problem. [20] Multi-dimensional knapsack problem with Delta-modular constraints. [21] Multi-objective 0-1 knapsack problem. [22] Parametric knapsack problem. [23] Symmetric quadratic knapsack problem. [24] Count-subset-sum (#SubsetSum) - finding the number of distinct subsets with a sum of at most C ...
The bin packing problem can also be seen as a special case of the cutting stock problem. When the number of bins is restricted to 1 and each item is characterized by both a volume and a value, the problem of maximizing the value of items that can fit in the bin is known as the knapsack problem.
For example, bin packing is strongly NP-complete while the 0-1 Knapsack problem is only weakly NP-complete. Thus the version of bin packing where the object and bin sizes are integers bounded by a polynomial remains NP-complete, while the corresponding version of the Knapsack problem can be solved in pseudo-polynomial time by dynamic programming.
For example, the NP-hard knapsack problem can be solved by a dynamic programming algorithm requiring a number of steps polynomial in the size of the knapsack and the number of items (assuming that all data are scaled to be integers); however, the runtime of this algorithm is exponential time since the input sizes of the objects and knapsack are ...
In computational complexity theory, Karp's 21 NP-complete problems are a set of computational problems which are NP-complete.In his 1972 paper, "Reducibility Among Combinatorial Problems", [1] Richard Karp used Stephen Cook's 1971 theorem that the boolean satisfiability problem is NP-complete [2] (also called the Cook-Levin theorem) to show that there is a polynomial time many-one reduction ...