What is the branch and bound technique in optimization?
The branch and bound technique is an algorithmic method for solving optimization problems, particularly in integer programming.
Can you explain how it works?
Sure! It systematically explores branches of possible solutions and uses bounds to eliminate suboptimal solutions.
What types of problems can it solve?
It can solve various problems like the traveling salesman problem, knapsack problem, and scheduling problems.
Are there any limitations to this technique?
Yes, it can be computationally intensive and may not be efficient for very large problem instances.
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