It is well known that the two simple algorithms for the classic bin packing problem, Next Fit and Worst Fit both have an approximation ratio of 2. However, Worst Fit seems to be a more reasonable algorithm, since it never opens a new bin if an existing bin can still be used.
Using resource augmented analysis, where the output of an approximation algorithm, which can use bins of size b>1, is compared to an optimal packing into bins of size 1, we give a complete analysis of the asymptotic approximation ratio of Worst Fit and of Next Fit, and use it to show that Worst Fit is strictly better than Next Fit for any 1 < b < 2, while they have the same asymptotic performance guarantee for all b >= 2, and for b=1.