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  2. Basic feasible solution - Wikipedia

    en.wikipedia.org/wiki/Basic_feasible_solution

    For example, if is non-basic and its coefficient in is positive, then increasing it above 0 may make larger. If it is possible to do so without violating other constraints, then the increased variable becomes basic (it "enters the basis"), while some basic variable is decreased to 0 to keep the equality constraints and thus becomes non-basic ...

  3. Merton's portfolio problem - Wikipedia

    en.wikipedia.org/wiki/Merton's_portfolio_problem

    Although this cost structure seems unrepresentative of real life transaction costs, it can be used to find approximate solutions in cases with additional assets, [11] for example individual stocks, where it becomes difficult or intractable to give exact solutions for the problem. The assumption of constant investment opportunities can be relaxed.

  4. Corner solution - Wikipedia

    en.wikipedia.org/wiki/Corner_solution

    This diagram shows an example corner solution where the optimal bundle lies on the x-intercept at point (M,0). IC 1 is not a solution as it does not fully utilise the entire budget, IC 3 is unachievable as it exceeds the total amount of the budget. The optimal solution in this example is M units of good X and 0 units of good Y.

  5. Constraint satisfaction problem - Wikipedia

    en.wikipedia.org/wiki/Constraint_satisfaction...

    In the general case, constraint problems can be much harder, and may not be expressible in some of these simpler systems. "Real life" examples include automated planning, [6] [7] lexical disambiguation, [8] [9] musicology, [10] product configuration [11] and resource allocation. [12] The existence of a solution to a CSP can be viewed as a ...

  6. Bin packing problem - Wikipedia

    en.wikipedia.org/wiki/Bin_packing_problem

    They show that next-fit-increasing bin packing attains an absolute worst-case approximation ratio of at most 7/4, and an asymptotic worst-case ratio of 1.691 for any concave and monotone cost function. Cohen, Keller, Mirrokni and Zadimoghaddam [49] study a setting where the size of the items is not known in advance, but it is a random variable.

  7. Branch and bound - Wikipedia

    en.wikipedia.org/wiki/Branch_and_bound

    The following is the skeleton of a generic branch and bound algorithm for minimizing an arbitrary objective function f. [3] To obtain an actual algorithm from this, one requires a bounding function bound, that computes lower bounds of f on nodes of the search tree, as well as a problem-specific branching rule.

  8. Maximum flow problem - Wikipedia

    en.wikipedia.org/wiki/Maximum_flow_problem

    The following table lists algorithms for solving the maximum flow problem. Here, V {\displaystyle V} and E {\displaystyle E} denote the number of vertices and edges of the network. The value U {\displaystyle U} refers to the largest edge capacity after rescaling all capacities to integer values (if the network contains irrational capacities, U ...

  9. Travelling salesman problem - Wikipedia

    en.wikipedia.org/wiki/Travelling_salesman_problem

    Solution of a travelling salesman problem: the black line shows the shortest possible loop that connects every red dot. In the theory of computational complexity, the travelling salesman problem (TSP) asks the following question: "Given a list of cities and the distances between each pair of cities, what is the shortest possible route that visits each city exactly once and returns to the ...