Computing change for a given coin system, Mathematics

Assignment Help:

This problem involves the question of computing change for a given coin system. A coin system is defined to be a sequence of coin values v1 < v2 < . . . < vn, such that v1 = 1. For example, in the U.S. coin system we have six coins with values h1, 5, 10, 25, 50, 100i. The question is what is the best way to make change for a given integer amount A.

(a) Let c ≥ 2 be an integer constant. Suppose that you have a coin system where there are n types of coins of integer values v1 < v2 < . . . < vn, such that v1 = 1 and, for 1 < i ≤ n, vi = c · vi-1. (For example, for c = 3 and n = 4, an example would be h1, 3, 9, 27i.) Describe an algorithm which given n, c, and an initial amount A, outputs an n-element vector that indicates the minimum number of coins in this system that sums up to this amount. (Hint: Use a greedy approach.)

(b) Given an initial amount A ≥ 0, let hm1, . . . ,mni be the number of coins output by your  algorithm.

Prove that the algorithm is correct. In particular, prove the following:

(i) For 1 ≤ i ≤ n, mi ≥ 0

(ii) Pn

i=1mi · vi = A

(iii) The number of coins used is as small as possible Prove that your algorithm is optimal (in the sense that of generating the minimum number of coins) for any such currency system.

(c) Give an example of a coin system (either occurring in history, or one of your own invention) for which the greedy algorithm may fail to produce the minimum number of coins for some amount.

Your coin system must have a 1-cent coin.


Related Discussions:- Computing change for a given coin system

Quadratic equation modeling profitability, Sam''s sport''s equipment sells ...

Sam''s sport''s equipment sells footballs. They maximized their profitability last year at (6,4) where x represents employees and P(x) represents profitability. Sam noticed that wh

#titlefunction.., provide a real-world example or scenario that can be expr...

provide a real-world example or scenario that can be express as a relation that is not a function

How to add mixed numbers, Q. How to Add Mixed Numbers? Ans. If you...

Q. How to Add Mixed Numbers? Ans. If you have to add mixed numbers, you might try this method first: First rewrite the mixed number as a whole number plus a fracti

Markup & markdown, if prices are calculatead with a 35% markup based on cos...

if prices are calculatead with a 35% markup based on cost,what is the percent that those prices should be marked down to get back to their original cost?Choose any convenient cost

SIMPLE INTEREST, A payday loan company charges a $95 fee for a $500 payday ...

A payday loan company charges a $95 fee for a $500 payday loan that will be repaid in 11 days. Treating the fee as interest paid, what is the equivalent annual interest rate?

Between that two call numbers should she place the book, A librarian is ret...

A librarian is returning library books to the shelf. She uses the call numbers to denote while the books belong. She requires placing a book about perennials along with a call numb

Factor Fiction, Ok this is true or false wit a definition. The GCF of a pai...

Ok this is true or false wit a definition. The GCF of a pair of numbers can never be equal to one of the numbers.

Theory of sets, finite or infinite 1]A={4,5,6,....}

finite or infinite 1]A={4,5,6,....}

Show that p ( x ) = 2 x3 - 5x2 -10 x + 5 intermediate value , Example   Sh...

Example   Show that p ( x ) = 2 x 3 - 5x 2 -10 x + 5 has a root somewhere in the interval [-1,2]. Solution What we're actually asking here is whether or not the function wi

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd