Minimization: meaning, definitions and examples
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minimization
[ˌmɪnɪmaɪˈzeɪʃən ]
Definition
Context #1 | Noun
mathematics, optimization
Minimization is the process of reducing a function, a quantity, or a set of values to their lowest possible level or value. In mathematical optimization, it refers to finding the minimum value of a function subject to constraints. This concept is widely used in various fields, including economics, engineering, and computer science.
Synonyms
Examples of usage
- The minimization of costs is essential for the project's success.
- Successful algorithm design often involves the minimization of processing time.
- Minimization techniques can enhance performance in neural networks.
Interesting Facts
Etymology
- The word comes from the Latin 'minimus', meaning 'smallest'.
- It entered English in the late 19th century, used especially in mathematics and economics.
- The suffix '-ization' indicates a process, so it literally means the process of making something small.
Mathematics
- In mathematics, minimization refers to finding the smallest value of a function.
- Optimization problems often involve minimization to achieve the best outcome with the least resources.
- It is a key concept in calculus, where techniques like differentiation are used to locate minimum points.
Psychology
- In psychology, minimization is a defense mechanism where a person downplays the significance of an event or emotion.
- It can affect self-esteem, as individuals may undervalue their achievements or struggles.
- Therapeutic approaches often address and challenge minimization to help individuals gain a balanced self-view.
Technology
- In tech, minimization is used in design to create user-friendly interfaces that are simple and efficient.
- Software often undergoes code minimization to reduce file sizes and improve performance.
- Data minimization is crucial in data privacy practices, limiting personal data to what is necessary.
Economics
- Minimization plays a critical role in resource allocation to achieve maximum efficiency.
- The theory of production emphasizes minimizing costs to enhance profit margins.
- It is also applied in decision-making processes to consider the least risky or expensive options.