Introduction to Algorithms
Introduction to Algorithms
3rd Edition
ISBN: 9780262033848
Author: Thomas H. Cormen, Ronald L. Rivest, Charles E. Leiserson, Clifford Stein
Publisher: MIT Press
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Chapter 15, Problem 10P

(a)

Program Plan Intro

To show that there is an optimal investment strategy in each year that put all money into a single investment.

(b)

Program Plan Intro

To show that problem of planning optimal investment strategy exhibits optimal substructure.

(c)

Program Plan Intro

To design and describe an algorithm that plans optimal investment strategy.

(d)

Program Plan Intro

To show that the problem of maximizing income at end of 10 years have no longer exhibits optimal substructure.

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Project Optimization and regression: Exact and approximate methods to solve 0-1 Knapsack problem Description The 0/1 Knapsack Problem and Logistics Transportation companies such as TNT and Royal Mail face daily problems in logistics. Consider the following simple logistics problem, which you will solve: An airline cargo company has 1 aeroplane which it flies from the UK to the US on a daily basis to transport some cargo. In advance of a flight, it receives bids for deliveries from (many) customers. Customers state the weight of the cargo item they would like delivered, and the amount they are prepared to pay. The airline is constrained by the total amount of weight the plane is allowed to carry. The company must choose a subset of the packages (bids) to carry in order to make the maximum possible profit, given the weight limit that they must respect. In mathematical form the problem is: Given a set of N items each with weight wi and value vi, for i=1 to N, choose a subset of items…
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