I\'m looking for an efficient algorithm for scrambling a set of letters into a permutation containing the maximum number of words.
For example, say I am given the li
Here's an idea, inspired by Markov Chains:
It might be useful to check how others solved this: http://sourceforge.net/search/?type_of_search=soft&words=anagram
On this page you can generate anagrams online. I've played around with it for a while and it's great fun. It doesn't explain in detail how it does its job, but the parameters give some insight. http://wordsmith.org/anagram/advanced.html
You might try simulated annealing, which has been used successfully for complex optimization problems in a number of domains. Basically you do randomized hill-climbing while gradually reducing the randomness. Since you already have the Aho-Corasick scoring you've done most of the work already. All you need is a way to generate neighbor permutations; for that something simple like swapping a pair of letters should work fine.
Have you thought about using a genetic algorithm? You have the beginnings of your fitness function already. You could experiment with the mutation and crossover (thanks Nathan) algorithms to see which do the best job.
Another option would be for your algorithm to build the smallest possible word from the input set, and then add one letter at a time so that the new word is also is or contains a new word. Start with a few different starting words for each input set and see where it leads.
Just a few idle thoughts.