Problem Description
Given an initial capital w and a list of n projects (each with its own profit and minimum capital requirement), select at most k distinct projects so that after finishing them sequentially (each project’s profit adding to your capital), your total capital is maximized.
Key Insights
- Sort the projects by their required capital so that you can easily know which projects are feasible given current capital.
- Use a max heap (priority queue) to always select the feasible project with the highest profit.
- Iterate up to k times, each time adding all newly feasible projects (those whose capital requirement is at most the current capital) to the max heap.
- Terminate early if there are no projects available in the heap.
Space and Time Complexity
Time Complexity: O(n log n + k log n) where n is the number of projects. Space Complexity: O(n) for storing project information and the heap.
Solution
The approach starts by pairing each project’s required capital with its profit, then sorting these pairs based on the capital requirement. For each of the k rounds, add all projects that are affordable (given the current capital) to a max heap that prioritizes profit. Then select the project with the maximum profit, update the available capital and continue. This greedy selection process ensures that the best immediate profit boost is always taken, eventually maximizing the total capital.