Title
Settlement fund circulation problem
Abstract
In the economic activities, the central bank has an important role to cover payments of banks, when they are short of funds to clear their debts. For this purpose, the central bank timely puts funds so that the economic activities go smooth. Since payments in this mechanism are processed sequentially, the total amount of funds put by the central bank critically depends on the order of the payments. Then an interest goes to the amount to prepare if the order of the payments can be controlled by the central bank, or if it is determined under the worst case scenario. This motivates us to introduce a brand-new problem, which we call the settlement fund circulation problem. The problems are formulated as follows: Let G=(V,A) be a directed multigraph with a vertex set V and an arc set A. Each arc a∈A is endowed debt d(a)≥0, and the debts are settled sequentially under a sequence π of arcs. Each vertex v∈V is put fund in the amount of pπ(v)≥0 under the sequence. The minimum/maximum settlement fund circulation problem (Min-SFC/Max-SFC) in a given graph G with debts d:A→R+∪{0} asks to find a bijection π:A→{1,2,…,|A|} that minimizes/maximizes the total funds ∑v∈Vpπ(v). In this paper, we show that both Min-SFC and Max-SFC are NP-hard; in particular, Min-SFC is (I) strongly NP-hard even if G is (i) a multigraph with |V|=2 or (ii) a simple graph with treewidth at most two, and is (II) (not necessarily strongly) NP-hard for simple trees of diameter four, while it is solvable in polynomial time for stars. Also, we identify several polynomial time solvable cases for both problems.
Year
DOI
Venue
2017
10.1016/j.dam.2019.03.017
Discrete Applied Mathematics
Keywords
Field
DocType
Fund settlement,Algorithm,Digraph,Scheduling
Discrete mathematics,Graph,Combinatorics,Multigraph,Bijection,Vertex (geometry),Computer science,Circulation problem,Treewidth,Time complexity
Conference
Volume
ISSN
Citations 
265
0166-218X
0
PageRank 
References 
Authors
0.34
0
4
Name
Order
Citations
PageRank
Hitoshi Hayakawa100.34
Toshimasa Ishii211017.03
Hirotaka Ono340056.98
yushi uno422228.80