Combinatorics of the change-making problem

  • Authors:
  • Anna Adamaszek;Michal Adamaszek

  • Affiliations:
  • Department of Computer Science, University of Warwick, Coventry, CV4 7AL, UK and Centre for Discrete Mathematics and its Applications (DIMAP), University of Warwick, Coventry, CV4 7AL, UK;Centre for Discrete Mathematics and its Applications (DIMAP), University of Warwick, Coventry, CV4 7AL, UK and Warwick Mathematics Institute, University of Warwick, Coventry, CV4 7AL, UK

  • Venue:
  • European Journal of Combinatorics
  • Year:
  • 2010

Quantified Score

Hi-index 0.00

Visualization

Abstract

We investigate the structure of the currencies (systems of coins) for which the greedy change-making algorithm always finds an optimal solution (that is, a one with minimum number of coins). We present a series of necessary conditions that must be satisfied by the values of coins in such systems. We also uncover some relations between such currencies and their sub-currencies.