Exercise 8.2.1 : A popular example of the design of an on-line algorithm to minimize the competitive ratio is the ski-buying problem. 3 Suppose you can buy skis for $100, or you can rent skis for $10 per day. You decide to take up skiing, but you don’t know if you will like it. You may try skiing for any number of days and then give it up. The merit of an algorithm is the cost per day of skis, and we must try to minimize this cost. mining of massive datasets 3rd edition

Computer Networking: A Top-Down Approach (7th Edition)
7th Edition
ISBN:9780133594140
Author:James Kurose, Keith Ross
Publisher:James Kurose, Keith Ross
Chapter1: Computer Networks And The Internet
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Exercise 8.2.1 : A popular example of the design of an on-line algorithm to minimize the competitive ratio is the ski-buying problem. 3 Suppose you can buy skis for $100, or you can rent skis for $10 per day. You decide to take up skiing, but you don’t know if you will like it. You may try skiing for any number of days and then give it up. The merit of an algorithm is the cost per day of skis, and we must try to minimize this cost.

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