What is a Greedy Algorithm? Method, Types, and Examples

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What is a Greedy Algorithm? Method, Types, and Examples

The employment of “greedy algorithms” is a common strategy for resolving optimization problems in algorithm design and analysis. These algorithms aim to find a global optimum by making locally optimal decisions at each stage.

The greedy algorithm is a straightforward, understandable, and frequently effective approach to resolving particular kinds of issues. It operates by constantly selecting the best option available at each phase, without considering the long-term implications of the choice. Although this method may not always result in the best option, it is frequently a useful technique to locate a suitable solution quickly.

In this chapter, we will examine the idea of greedy algorithms, their advantages and disadvantages, and several real-world applications. We will also review some of the fundamental ideas and methods employed in studying and creating greedy algorithms.

What is a Greedy Algorithm? A Beginner-Friendly Explanation

Suppose that you are sitting in a candy store and have a small sum. You do not plan a lengthy strategy to purchase the most optimal combination of sweets, but rather choose the tastiest candy that you can afford, on every step until you cannot spend more money. That is just the way a greedy algorithm functions!

A greedy algorithm is an algorithm that solves a problem by making the optimal decision at each step, even though it does not care about the larger picture. The concept is straightforward: make a choice that seems best on the face of it, and continue this process until the solution is reached.

This is also referred to as the ‘greedy method’ since, as with eating your favorite candy first, it is all about short-term gain and not a careful consideration of the long-term consequences. Remarkably, this elementary technique is quite effective for numerous problems, particularly data structures, optimization, and graph algorithms.

In brief, a greedy algorithm consists of being shortsighted and clever (i.e., making a decision based on what will win in the least amount of time to get to a valid answer).

How Greedy Algorithm Works in Data Structure

Suppose you are on a mountain, for which you do not have a complete map. What do you do? You continue to follow the highway that appears to climb the quickest upon each after-step. You do not go overboard with the big picture of the journey- you only have faith that every little, greatest decision will finally send you up the mountain. Precisely, that is how a greedy algorithm operates in data structures.

Greedy Algorithm Works in Data Structure

Greedy algorithms in data structures obey only a simple rule:

In each step, choose the best alternative that appears to be the best at that point.

Here’s how it usually works:

  • Begin with the problem – start in small steps.
  • Select the option that is optimal in the short run, that which maximizes good or minimizes cost.
  • Seal that decision – once made, it can never be altered.
  • Continue this until the final solution is constructed.


For example:

Prim’s Algorithm is used in a graph data structure to add the smallest edge to construct a minimum spanning tree. 
When using the Algorithm of Dijkstra, we will always choose the shortest distance that is available to proceed.

Greedy algorithms wonder why it is fast, simple, and efficient. They do not have to waste time looking at all possibilities, but they can grab the best now decisions and in most instances, this results in the correct answer.

Characteristics of Greedy Algorithms

Making locally optimal choices
A greedy algorithm selects the best option available at that specific moment at each step without taking the decision’s long-term implications into account.

No backtracking
A greedy algorithm’s decisions are final and cannot be changed or undone after they have been made. The algorithm keeps going without going back to its earlier choices.

Iterative process
Greedy algorithms operate in a succession of iterative phases, each building on the one before it.

Efficiency of greedy algorithms
Greedy algorithms frequently have a low number of steps and are consequently computationally quick; they are often effective in terms of temporal complexity. Nevertheless, because greedy algorithms don’t always come up with the best feasible answer, this efficiency could come at the expense of optimality.

Types of Greedy Algorithms You Should Know

Greedy algorithms might be considered as a single trick, but in an actual sense, they have many flavors, which have been developed to address a given type of problem. Think of them as different tools in your problem-solving toolbox—each one handy for a particular kind of challenge.

The following are some of the important kinds of greedy algorithms you need to know:

1. Selection-Based Greedy Algorithms

These select the most preferable choice on each step.
Examples: Activity selection problem, selecting the most non-overlapping activities.

2. Graph-Based Greedy Algorithms

A common method in graph data structures is to compute the shortest path or spanning trees.
Examples: Prim’s Algorithm and Kruskal’s Algorithm for Minimum Spanning Trees, Dijkstra’s Algorithm for shortest paths.

3. Optimization Greedy Algorithms

Concentrate on the maximum or minimum of something.
Example Fractional Knapsack problem, in which you want to take things with the most value/weight ratio first.

4. Encoding and Compression Greedy Algorithms

Applied to the compression of data.
E.g., Huffman coding, the construction of efficient codes of characters based on their frequency.

5. Search and Traversal Greedy Algorithms

Assistance with navigation or search of data.
E.g., Greedy Best-First Search- one selects the next move based on the shortest estimated distance to the goal.

Greedy Method Explained with Real-Life Use Cases

Coin changing problem
Given a collection of currency denominations, this problem aims to determine the smallest number of coins required to create a certain amount of change. For this task, a greedy algorithm repeatedly selects the most significant coin denomination that fits inside the remaining quantity of change until the total is attained.

Fractional knapsack problem
In this issue, we have a set of things with different weights and values, as well as a knapsack with a finite weight capacity. The objective is to select goods that maximise the overall worth while staying within the weight limit. For this task, a greedy algorithm chooses items based on their value-to-weight ratio and adds as much of each as is practical until the knapsack is full.

Huffman coding
A data compression method called Huffman coding gives characters variable-length codes dependent on how frequently they appear in the input data. A binary tree with the shortest codes is created via a greedy method for Huffman coding using the most popular characters.

Minimum spanning tree
A minimum spanning tree is a tree that connects all vertices with the least amount of total edge weight given a weighted, connected graph. Until all vertices are included in the tree, a greedy method for this problem adds the minimum-weight edge that periodically connects a vertex in the tree to a vertex outside the tree.

Shortest path algorithm
Finding the shortest route between two vertices in a weighted graph is the aim of the shortest path algorithm. Until the destination vertex is reached, a greedy solution for this problem repeatedly chooses the unvisited vertex that is the furthest from the source vertex, from what is known about its neighbours’ distances.

Design and Analysis of Greedy Algorithms

Greedy choice property
This characteristic states that a locally optimum decision can be made at each stage of the algorithm to provide a globally optimal solution.

Optimal substructure property
The optimal solution to a problem can be created from the optimal solutions of its subproblems, according to this property.

Proof of correctness
We must demonstrate that a greedy algorithm meets the greedy choice property and the optimal substructure property to establish its correctness.

Time complexity analysis
The number of steps required to discover a solution and the time required for each step must be taken into account when analysing the temporal complexity of a greedy algorithm. We may use this study to determine the algorithm’s effectiveness and scalability for various problem sizes.

Greedy Search Algorithm vs Other Algorithms

Imagine a situation in which you are solving a problem, such as how to pass a maze. Various algorithms handle the maze in different fashions:

The greedy search algorithm is as if a person constantly runs to the nearest exit, which appears to be the closest at that time. It does not mind the entire maze, only the most attractive next step.

Other algorithms, such as Dynamic Programming or Backtracking, are more cautious. They test various options, occasionally reverse engineer, and ensure that the solution is optimal- but this is often more time and memory-consuming.

Here’s a quick comparison:

FeatureGreedy Search AlgorithmOther Algorithms (DP, Backtracking, Brute Force)
ApproachChooses the best option at every stepConsiders multiple paths before deciding
SpeedVery fast, less computationSlower due to exhaustive checks
Memory Usage Low (only tracks current step)Higher (stores states or recursion)
OptimalityMay or may not give the best overall solutionAlways guarantees best solution (if applicable)
ExamplesDijkstra’s, Prim’s, Kruskal’s, Huffman CodingDynamic Programming (Floyd–Warshall, Bellman–Ford), Backtracking (N-Queens, Sudoku)

Advantages and Limitations of Greedy Algorithm

The greedy algorithm is associated with its advantages and disadvantages as is the case with any problem-solving strategy. Consider it as a friend who is incredibly quick in making decisions but at times forgets to consider the long term effect.

Advantages of Greedy Algorithm

Simplicity – Simply to comprehend and apply even by the beginner.

Speed – Moves quickly but decision-making is in stages, therefore, it is quicker than complicated algorithms.

Low Memory Usage – Does not store much additional data, simply concentrates on the choice at hand.

Works Well for Many Problems – Perfect for optimization problems like Minimum Spanning Tree (Prim’s, Kruskal’s), Huffman Coding, and Fractional Knapsack.

Performs well in Practical Applications- Greedy algorithms find wide application in networking, time management, and pathfinding where time is a concern.

When to use and when not to use greedy algorithms

When to employ greedy algorithms
The issue demonstrates both the optimal substructure and greedy choice properties.
An internationally optimal or nearly optimal solution to the issue is sought as an optimization problem.
A series of decisions that can be taken in a locally optimal manner is part of the issue.
The problem has many possible solutions, and other algorithmic solutions are too time-consuming.

When to avoid employing greedy algorithms
The greedy choice and optimal substructure properties are not present in the issue.
The issue entails a series of decisions that call for backtracking.
Dependencies are involved in the issue, which makes a local solution impossible.
The problem needs to be solved precisely, and the greedy approach might not provide it.
Constraints in the issue cannot be satisfied by a locally optimum solution.

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Conclusion

Finally, greedy algorithms are a well-liked method for resolving optimization issues in algorithm design and analysisToto obtain a globally optimal or nearly optimal solution, these algorithms operate by making locally optimal decisions at each stage. Greedy algorithms are frequently straightforward, understandable, and effective approaches to tackling specific sorts of problems, even though they may not always ensure the best outcome. Although greedy algorithms have advantages, they can have drawbacks. They might not always be the most effective strategy for dealing with complex issues that require a precise answer or have dependencies that cannot be resolved locally.

Ultimately, greedy algorithms are a useful tool for designing and analysing algorithms, and the nature and limitations of the task will determine how effective they are.

Frequently Asked Questions

What is Greedy Algorithm in simple words?

A greedy algorithm is a problem-solving method where you make the best possible choice at each step, without worrying about the bigger picture. It’s called “greedy” because it always picks the most beneficial option available right now.

Can you give a Greedy Algorithm example?

Yes! A classic greedy algorithm example is the coin change problem. If you need to make ₹12 using coins of ₹10, ₹5, and ₹1, the greedy method will first pick ₹10, then ₹1, and ₹1 again—quickly reaching ₹12.

What is the Greedy Method in algorithms?

The greedy method is a strategy where problems are solved by breaking them into steps and choosing the best solution for each step. It is widely used in optimization problems like shortest path, minimum spanning tree, and knapsack.

How is Greedy Algorithm used in data structures?

In data structures, greedy algorithms are used in graph algorithms (like Dijkstra’s shortest path, Prim’s and Kruskal’s MST), Huffman coding for compression, and scheduling problems. They help in finding efficient solutions quickly.

What is Greedy Search Algorithm?

The greedy search algorithm is a type of greedy algorithm used in artificial intelligence and graphs. It always expands the node that seems closest to the goal, choosing the path that looks best at the moment.

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