knapsack problem

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knapsack problem

[′nap‚sak ‚präb·ləm]
(mathematics)
The problem, given a set of integers {A1, A2, …, An } and a target integer B, of determining whether a subset of the Ai can be selected without repetition so that their sum is the target B.

knapsack problem

(application, mathematics)
Given a set of items, each with a cost and a value, determine the number of each item to include in a collection so that the total cost is less than some given cost and the total value is as large as possible.

The 0/1 knapsack problem restricts the number of each items to zero or one.

Such constraint satisfaction problems are often solved using dynamic programming.

The general knapsack problem is NP-hard, and this has led to attempts to use it as the basis for public-key encryption systems. Several such attempts failed because the knapsack problems they produced were in fact solvable by polynomial-time algorithms.

References in periodicals archive ?
The authors characterize the tax planning problem as a 0-1 knapsack problem and employ PROC LP to optimize the overall tax burden.
In closing, the authors would like to point out this 0-1 knapsack problem can be solved by Dynamic Programming(4) or by the Slippery Algorithm.