How can I approach creating an efficient algorithm for maximizing value with these specific constraints?
- by sway
I'm having trouble coming up with an approach that isn't n^2 for this problem. Here's a contrived, simplified version I've come up with:
Let's say you're a company that needs 4 employees to launch in a new city, a manager, two salespeople, and a customer support rep, and you magically know how much impact every candidate will have and how much salary they require to take the job. Your table of potential employees looks something like this:
Name Position Salary Impact
Adam Smith Manager 60,000 11
Allison Brown Salesperson 40,000 9
Brad Stewart Manager 55,000 9
...etc (thousands of records)
What algorithmic approach can be taken to find the maximum "impact" while still filling all the positions and remaining under, say, a 200,000 budget?
Thanks!