Optimal sequencing of a set of positive numbers with the variance of the sequence's partial sums maximized

Abstract

We consider the problem of sequencing a set of positive numbers. We try to find the optimal sequence to maximize the variance of its partial sums. The optimal sequence is shown to have a beautiful structure. It is interesting to note that the symmetric problem which aims at minimizing the variance of the same partial sums is proved to be NP-complete in the literature.Comment: 12 pages;Accepted for publication in Optimization Lette