Conrad, Jon M.; Gómez, Miguel I.; Lamadrid, Alberto J. - In: Journal of Wine Economics 6 (2011) 01, pp. 83-110
We pose several Knapsack Problems (KPs) to select the optimal subset of wines subject to budget and quantity constraints. The first problem seeks the subset of wines, from a single cultivar (zinfandel) that maximizes the sum of ratings subject to a budget constraint. We modify this problem by...