Fractional Knapsack Algorithm
The Fractional Knapsack problem is an optimization problem where, given a set of items with specified weights and values, the goal is to maximize the total value within a weight limit by taking fractions of items. The greedy algorithm for this problem prioritizes items based on their value-to-weight ratio, allowing partial items to be selected if they maximize the overall value.
Characteristics:β
Greedy Approach:β
The algorithm selects items based on the highest value-to-weight ratio first. This ensures that the item providing the most value per unit weight is prioritized.
Optimal Solution:β
The greedy approach is optimal for the fractional knapsack problem, as allowing fractional parts of items enables us to maximize the value without exceeding the weight limit.
Steps Involved:β
Calculate Value-to-Weight Ratio: For each item, calculate the ratio of value to weight. This ratio will be used to prioritize item selection.
Sort Items by Ratio:β
Sort all items in descending order of their value-to-weight ratios to ensure the item providing the most value per unit weight is selected first.
Select Items Based on Weight Capacity:β
Traverse the sorted items, adding them fully if their weight doesn't exceed the remaining capacity. If an itemβs weight is too large, take only a fraction of it to fill the remaining capacity.
Problem Statement:β
Given a knapsack with a weight limit of W and a list of items, each with a value vi and weight wi, maximize the total value by selecting items (or fractions thereof) without exceeding W.