Parallel Real-Time Optimization: Beyond Speedup

Traditionally, interest in parallel computation centered around the speedup provided by parallel algorithms over their sequential counterparts. In this paper, we ask a different type of question: Can parallel computers, due to their speed, do more than simply speed up the solution to a problem? We show that for real-time optimization problems, a parallel computer can obtain a solution that is better than that obtained by a sequential one. Specifically, a sequential and a parallel algorithm are exhibited for the problem of computing the best-possible approximation to the minimum-weight spanning tree of a connected, undirected and weighted graph whose vertices and edges are not all available at the outset, but instead arrive in real time. While the parallel algorithm succeeds in computing the exact minimum-weight spanning tree, the sequential algorithm can only manage to obtain an approximate solution. In the worst case, the ratio of the weight of the solution obtained sequentially to th..