Examlex
What is the process within a genetic algorithm of randomly trying combinations and evaluating the success (or failure) of the outcome.
Efficiency Of Investment
The degree to which invested resources are used optimally to achieve desired outcomes without waste.
Beneficiary
An individual or entity entitled to receive benefits or profits from a will, trust, insurance policy, or other arrangements designed to distribute assets.
Economic Profit
The profit a company makes after deducting both its explicit (direct) and implicit (indirect) costs.
Allocation Of Resources
The process by which resources are distributed for the production of goods and services, usually determined by market forces in a free market, or by government decisions in a planned economy.
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