The budgeted maximum coverage problem
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TL;DR
This work proposes a (1−1/ e ) -approximation algorithm for the budgeted maximum coverage problem and argues that this approximation factor is the best possible, unless NP ⫅ DTIME (n O ( log log n) ) .
Abstract
The budgeted maximum coverage problem is: given a collection S of sets with associated costs defined over a domain of weighted elements, and a budget L, find a subset of S′⫅S such that the total cost of sets in S′ does not exceed L, and the total weight of elements covered by S′ is maximized. This problem is NP-hard. For the special case of this problem, where each set has unit cost, a (1−1/e)-approximation is known. Yet, prior to this work, no approximation results were known for the general cost version. The contribution of this paper is a (1−1/e)-approximation algorithm for the budgeted maximum coverage problem. We also argue that this approximation factor is the best possible, unless NP⫅DTIME(nO(loglogn)).
