What are the applications of greedy algorithms in optimization?
Greedy algorithms are used in various optimization problems like scheduling, resource allocation, and network routing.
Can you give me an example of a greedy algorithm in action?
Sure! The Huffman coding algorithm is a classic example, used for data compression by creating optimal prefix codes.
How do greedy algorithms compare to dynamic programming?
Greedy algorithms make local optimal choices, while dynamic programming considers the global optimal solution by solving subproblems.
What are the limitations of using greedy algorithms?
Greedy algorithms may not always yield the optimal solution, especially in problems where local choices do not lead to a global optimum.
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