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Genetic Algorithms Can Be Used to Solve Business Problems Such

question 40

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Genetic algorithms can be used to solve business problems such as assembly-line balancing,facility layout,machine and job shop scheduling,creditworthiness determination,and aircraft design.


Definitions:

Lorenz Curve

A graphical representation of income or wealth distribution within a society, showing the proportion of overall income earned by cumulative percentages of the population.

Income Inequality

The imbalanced dispersion of income across various economic participants, including individuals and households.

Lorenz Curve

An illustrated chart that maps out the distribution of wealth or income among individuals in a society, revealing disparities.

Income Inequality

The unequal distribution of income among members of a society.

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