Greedy Algorithms with Imprecise Oracles for Submodular Knapsack Problems
We consider the problem of maximizing a monotone increasing, normalized, and submodular function defined on a set of weighted items under a knapsack constraint. A well-known greedy algorithm, analyzed by Wolsey (1982), achieves an approximation factor of \(0.357\) for this problem. This greedy algorithm starts with an empty solution set and iteratively generates a feasible … Read more