Algorithm

Posted in Operations and Supply Chain Terms, Total Reads: 226
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Definition: Algorithm

Algorithm is defined as the sequence of well-defined step by step operations to be performed. Numerous algorithms are defined for different purposes. They perform different functions of automated reasoning, data processing and calculations.


Algorithm is defined as an effective method which has the capability to define and solve a complex problem within a finite amount of time and space with the use of a well-defined formal language. Starting from the beginning of an initial input and state, the values pass through a series of well-defined finite successive states, such that after passing though these a final output is obtained at the end state.


Algorithms in general are a set of stepwise procedures which are designed specifically to be able to perform an operation. If followed correctly, the algorithms will lead to the requisite results. Since an algorithm is defined by a definite beginning, a definite end and finite number of fixed steps. It is bound to produce the same results for the same input data. A number of small algorithms can be combined to form a complex algorithm which execute difficult operations. A problem solving routine, a cookbook recipe are some of the common examples of algorithm. Although algorithms are unsuitable for situations where value judgements are required, they are apt in cases where structured problems are to be solved.

 

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