Question: Consider the instance of discrete knapsack problem with the knapsack capacity 8 0 0 and the item information as follows: Item Weight Value 1 6

Consider the instance of discrete knapsack problem with the knapsack capacity 800 and the
item information as follows:
Item Weight Value
1600 $36,000
2400 $23,200
3400 $23,200
4160 $7200
Find the most valuable subset of the items that fits into the knapsack using Greedy Approach.
Examine your solution carefully to check whether your solution is optimal and explain the
reason of your finding.

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To solve this problem using a greedy approach we need to maximize the total value justified by maximizing the valuetoweight ratio of the items that ar... View full answer

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