Please use this identifier to cite or link to this item: http://hdl.handle.net/11718/741
Title: Obtaining near-optimal solutions for the binary knapsack problem
Authors: Goldengorin, B.
Ghosh, Diptesh
Keywords: Binary systems
Issue Date: 16-Jan-2010
Series/Report no.: W.P.;1689
Abstract: In this paper we consider the well-known binary knapsack problem. We propose a method of embedding heuristicsi in a branch and bound framework to optain solutions with profits within a pre-specified quality parameter within very short times. Our computational experiements on the more deficult problems show that algorithm can genrate solutions with profits within 0.01% of that of an optimal solution in less than 10% of the time required by exact algorithms based on similar priciples.
URI: http://hdl.handle.net/11718/741
Appears in Collections:Working Papers

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