December 06, 2011 at 20:50 PM EST
A Greedy Algorithm from Greedy Banks?
Here is a ‘greedy’ algorithm to maximize overdraft fees for bank transactions Reorder outstanding transactions so that those with larger amount appear first Process the transactions in the order so that the larger one is processed. Mathematically, our bank would be guaranteed to maximize overdraft fees charged. For the purpose of brevity, I have left [...]
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