Question: In a rod cutting problem, given a table of prices p, the objective is to determine the maximum revenue r, obtainable by cutting up

In a rod cutting problem, given a table of prices p, the objective is to determine the maximum revenue r,  

In a rod cutting problem, given a table of prices p, the objective is to determine the maximum revenue r, obtainable by cutting up the given rod (of length n) and selling the pieces. The rod cutting problem exhibits optimal substructure property. The following table shows the price table for one particular situation: Length 1 i Price/ 1 Pi 2 . 5 3 8 4 9 5 10 6 17 7 17 8 20 a) Suppose you have been asked to find r. Use greedy algorithm to determiner Explain whether the greedy approach were able to find the optimal solution.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Greedy Algorithm to Solve the RodCutting Problem The greedy algorithm for the rodcutting problem works as follows Start with the rod of lengthn Cut of... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Algorithms Questions!

Q:

Machine- Total Month Hours Overhead Cost April 70,000 $198,000 May June July 60,000 $174,000 80,000 $222,000 90,000 $246,000 Assume that the total overhead cost above consists of utilities,...

Q:

What strategies would you employ to ensure remote employees receive the same level of training and development as those working on-site?

Q:

Group 4 - Major Assignment 1 Magic GMBA 4 Corporation Adjusted Trial Balance December 31, 2019 $ Dr $ Cr Cash Accounts receivable 938,816 560,000 Allowance for bad debts 8,800 Inventory 720,000 Long...

Q:

What is the main difference between n-type and p-type semiconductors?

Q:

Will each of the following elements act as a donor or an acceptor when added to the indicated semiconducting material? Assume that the impurity elements aresubstitutional. Impurity P Semiconductor Ge...

Q:

Contrast the reasons for mechanistic and organic structural models. LO.1

Q:

Let {Mi(t), t 0},i = 1, 2, 3 be independent Poisson processes with respective rates i,i = 1, 2, and set N1(t) = M1(t) + M2(t), N2(t) = M2(t) + M3(t) The stochastic process {(N1(t), N2(t)), t 0} is...

Q:

Following is the unadjusted trial balance for Alcorn Institute as of December 31, 2011, which initially records prepaid expenses and unearned revenues in balance sheet accounts. The Institute...

Q:

Which of the following statements is a usefulness of the income statement? OA Evaluate the past performance of the enterprise. OB. Income numbers are affected by the accounting methods employed. OC....

Q:

In the figure above, if Mac and Izzie each initially start at point a and then both completely specialize and trade with each other what are the gains from trade? 24 computers and 24 TV sets per...

Q:

52. Because statistical software plays such an important role in modern statistical applications, many studies have encouraged the use of technology in statistics courses. The Guidelines for the...

Q:

Write a program to check an input year is leap or not.

Q:

Write short notes on departmentation.

Q:

What are the factors affecting organisation structure?

Q:

What are the features of Management?

Q:

Briefly explain the advantages of 'Management by Objectives'

Q:

2. Archer Daniels Midland decides to short 5 wheat futures contracts with each contract covering 5,000 bushels of wheat for 283 cents per bushel in order to hedge its operations. The initial margin...

Q:

Reichenbach Co., organized in 2018, has set up a single account for all intangible assets. The following summary discloses the debit entries that have been recorded during 2018 and 2019. Instructions...

Q:

Your company is about to market a new golf club. You have convened a focus group of 100 golfers and asked them to compare your club to the clubs produced by your competitors. You have found, for...

Q:

Austin (1977) conducted an extensive inventory analysis for the United States Air Force. He found that for over 250,000 items the annual holding cost was assumed to equal 32% of the items purchase...

Q:

The Fresh Turkey Company produces two types of turkey cutlets for sale to fast-food restaurants. Each type of cutlet consists of white meat and dark meat. Cutlet 1 sells for $2.79 per pound and must...

Q:

Rest Easy produces two types of mattresses: Regular and Heavenly. Budgeted and actual data for 2015 were as follows: Market Data for 2016: Expected total market unit sales of mattresses: Regular...

Q:

What is included in the standard rate per hour for direct labour?

Q:

Haliburton Mills Inc. is a large producer of men's and women's clothing. The company uses standard costs for all of its products. The standard costs and actual costs for a recent period are given...

Related Book

Practical Management Science 5th Edition by Wayne L. Winston, Christian Albright