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A 1999 study of the Stony Brook University Algorithm Repository showed that, out of 75 algorithmic problems related to the field of combinatorial algorithms and algorithm engineering, the knapsack problem was the 19th most popular and the third most needed after suffix trees and the bin packing problem.
For the problem variant in which not every item must be assigned to a bin, there is a family of algorithms for solving the GAP by using a combinatorial translation of any algorithm for the knapsack problem into an approximation algorithm for the GAP. [3] Using any -approximation algorithm ALG for the knapsack problem, it is possible to ...
The unbounded knapsack problem (sometimes called the integer knapsack problem) does not put any upper bounds on the number of times an item may be selected: maximize ∑ j = 1 n p j x j {\displaystyle \sum _{j=1}^{n}p_{j}x_{j}}
One variation of this problem assumes that the people making change will use the "greedy algorithm" for making change, even when that requires more than the minimum number of coins. Most current currencies use a 1-2-5 series , but some other set of denominations would require fewer denominations of coins or a smaller average number of coins to ...
Note: consider In the 2-weighted knapsack problem, where each item has two weights and a value, and the goal is to maximize the value such that the sum of squares of the total weights is at most the knapsack capacity: (,) + (,). We could solve it using a similar DP, where each state is (current weight 1, current weight 2, value).
A greedy algorithm is any algorithm that follows the problem-solving heuristic of making the locally optimal choice at each stage. [1] In many problems, a greedy strategy does not produce an optimal solution, but a greedy heuristic can yield locally optimal solutions that approximate a globally optimal solution in a reasonable amount of time.
The continuous knapsack problem may be solved by a greedy algorithm, first published in 1957 by George Dantzig, [2] [3] that considers the materials in sorted order by their values per unit weight. For each material, the amount x i is chosen to be as large as possible:
This algorithm may yield a non-optimal solution. For example, suppose there are two tasks and two agents with costs as follows: Alice: Task 1 = 1, Task 2 = 2. George: Task 1 = 5, Task 2 = 8. The greedy algorithm would assign Task 1 to Alice and Task 2 to George, for a total cost of 9; but the reverse assignment has a total cost of 7.