Predictive Analytics in Business
Simulated annealing is an optimization technique inspired by the annealing process in metallurgy, where materials are heated and then cooled to remove defects and improve structure. This method mimics the physical process by allowing a system to explore various configurations while gradually reducing its temperature, thus finding an approximate solution to complex optimization problems. It is particularly useful in scenarios where the solution space is large and not easily navigable through traditional methods.
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