We examine a problem in which we are handed a collection of coins and are tasked with forming a sum of money n out of the coins. The currency numbers are coins = c1, c2,..., ck, and each coin can be used as many times as we want. What is the bare amount of money required? If the coins are the euro coins (in euros) 1,2,5,10,20,50,100,200 and n = 520, we need at least four coins. The best option is to choose coins with sums of 200+200+100+20.

Operations Research : Applications and Algorithms
4th Edition
ISBN:9780534380588
Author:Wayne L. Winston
Publisher:Wayne L. Winston
Chapter23: Simulation With The Excel Add-in @risk
Section: Chapter Questions
Problem 9RP
icon
Related questions
Question

We examine a problem in which we are handed a collection of coins and are tasked with forming a sum of money n out of the coins. The currency numbers are coins = c1, c2,..., ck, and each coin can be used as many times as we want. What is the bare amount of money required?
If the coins are the euro coins (in euros) 1,2,5,10,20,50,100,200 and n = 520, we need at least four coins. The best option is to choose coins with sums of 200+200+100+20.

Expert Solution
steps

Step by step

Solved in 3 steps with 1 images

Blurred answer
Knowledge Booster
Single source shortest path
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, computer-science and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Operations Research : Applications and Algorithms
Operations Research : Applications and Algorithms
Computer Science
ISBN:
9780534380588
Author:
Wayne L. Winston
Publisher:
Brooks Cole
C++ Programming: From Problem Analysis to Program…
C++ Programming: From Problem Analysis to Program…
Computer Science
ISBN:
9781337102087
Author:
D. S. Malik
Publisher:
Cengage Learning