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Optimization of Denominations in Poland

Publicado
Servidor
Preprints.org
DOI
10.20944/preprints202501.0296.v1

The purpose of this work is to investigate whether the optimization of currency denominations in Poland is possible. Specific denomination values have been indicated that would allow to reduce the average amount of cash needed to represent any amount, while maintaining the property of divisibility. Moreover, short analysis reveals this approach outperforms the solutions identified by Tesler and Wynne in terms of the mergeability property of money.

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