[ View menu ]

Daily Archive August 3rd, 2018

The 18 cent piece

Filed in Encyclopedia ,Ideas
Subscribe to Decision Science News by Email (one email per week, easy unsubscribe)

WHAT SET OF COINS MINIMIZES THE AVERAGE NUMBER OF COINS NEEDED TO MAKE CHANGE? We draw your attention to the cleverly-titled article What This Country Needs is an 18 Cent Piece. It’s a piece of recreational mathematics that asks the question “what set of coins minimizes the average number of coins needed to make change”? […]