Outrageously Funny Word Dictionary :: Optimality

👉 In the context of optimization, "optimality" refers to a property or quality that is desirable or optimal for an objective function. It involves finding the best possible solution within a specified range or constraint set. For example, in a mathematical model, optimizing might mean finding the best combination of parameters that results in the highest value for some objective function. In computer science, optimizing might involve finding the most efficient algorithm to solve a given problem or process. In economics and finance, optimization is used to find

optimality