Suppose we have a problem that currently takes 100,000 hours of computer time using current technology to solve. Which of the following would give us the solution first: (1) Replace the algorithm used in the current solution by one that runs twice as fast and run it on the current technology, or (2) Wait 3 years, assuming Moore’s law doubles the performance of a computer every 18 months, and find the solution using the current algorithm with the new technology?

Operations Research : Applications and Algorithms
4th Edition
ISBN:9780534380588
Author:Wayne L. Winston
Publisher:Wayne L. Winston
Chapter20: Queuing Theory
Section20.11: The M/g/s/gd/s/∞ System (blocked Customers Cleared)
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Suppose we have a problem that currently takes 100,000 hours of computer time using
current technology to solve. Which of the following would give us the solution first: (1)
Replace the algorithm used in the current solution by one that runs twice as fast and run
it on the current technology, or (2) Wait 3 years, assuming Moore’s law doubles the
performance of a computer every 18 months, and find the solution using the current
algorithm with the new technology?

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