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The Steiner point S is located at the Fermat point of the triangle ABC. In combinatorial mathematics, the Steiner tree problem, or minimum Steiner tree problem, named after Jakob Steiner, is an umbrella term for a class of problems in combinatorial optimization. While Steiner tree problems may be formulated in a number of settings, they all ...
Coase theorem. In law and economics, the Coase theorem (/ ˈkoʊs /) describes the economic efficiency of an economic allocation or outcome in the presence of externalities. The theorem is significant because, if true, the conclusion is that it is possible for private individuals to make choices that can solve the problem of market externalities.
A Riemann problem, named after Bernhard Riemann, is a specific initial value problem composed of a conservation equation together with piecewise constant initial data which has a single discontinuity in the domain of interest. The Riemann problem is very useful for the understanding of equations like Euler conservation equations because all ...
Problem solving is the process of achieving a goal by overcoming obstacles, a frequent part of most activities. Problems in need of solutions range from simple personal tasks (e.g. how to turn on an appliance) to complex issues in business and technical fields. The former is an example of simple problem solving (SPS) addressing one issue ...
e. In numerical analysis, finite-difference methods (FDM) are a class of numerical techniques for solving differential equations by approximating derivatives with finite differences. Both the spatial domain and time domain (if applicable) are discretized, or broken into a finite number of intervals, and the values of the solution at the end ...
The Hardy Cross method is an application of continuity of flow and continuity of potential to iteratively solve for flows in a pipe network. [1] In the case of pipe flow, conservation of flow means that the flow in is equal to the flow out at each junction in the pipe. Conservation of potential means that the total directional head loss along ...
t. e. The Millennium Prize Problems are seven well-known complex mathematical problems selected by the Clay Mathematics Institute in 2000. The Clay Institute has pledged a US$ 1 million prize for the first correct solution to each problem. The Clay Mathematics Institute officially designated the title Millennium Problem for the seven unsolved ...
Stars and bars (combinatorics) In the context of combinatorial mathematics, stars and bars (also called "sticks and stones", [1] "balls and bars", [2] and "dots and dividers" [3]) is a graphical aid for deriving certain combinatorial theorems. It can be used to solve many simple counting problems, such as how many ways there are to put n ...