paper

Approximation Algorithms for the Maximum Profit Pick-up Problem with Time Windows and Capacity Constraint

arXiv:1612.01038

Abstract

In this paper, we study the Maximum Profit Pick-up Problem with Time Windows and Capacity Constraint (MP-PPTWC). Our main results are 3 polynomial time algorithms, all having constant approximation factors. The first algorithm has an approximation ratio of , where: (i) and are constants; (ii) The maximum quantity supplied is , for some , where is the minimum quantity supplied; (iii) is a constant such that the optimal number of vehicles is always at least . The second algorithm has an approximation ratio of . Finally, the third algorithm has an approximation ratio of . While our algorithms may seem to have quite high approximation ratios, in practice they work well and, in the majority of cases, the profit obtained is at least 1/2 of the optimum.

15 pages, 5 figures

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Approximation Algorithms for the Maximum Profit Pick-up Problem with Time Windows and Capacity Constraint · wovepaper