MATHEMATICAL PROGRAMMING
\mˌaθɪmˈatɪkə͡l pɹˈə͡ʊɡɹamɪŋ], \mˌaθɪmˈatɪkəl pɹˈəʊɡɹamɪŋ], \m_ˌa_θ_ɪ_m_ˈa_t_ɪ_k_əl p_ɹ_ˈəʊ_ɡ_ɹ_a_m_ɪ_ŋ]\
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To choose the best alternative from a set of available options one can use this type of computer program. Probability and mathematical models are used to predict future events. Used in investing and in choosing the most efficient path to allocate scarce resources. Also known as optimization.
By Henry Campbell Black
