Optimization

/ˌɑːptɪmaɪˈzeɪʃən/

Meaning & Definition

noun
The action of making the best or most effective use of a resource or situation.
The optimization of the supply chain led to significant cost savings for the company.
The process of finding the best solution or outcome from a set of alternatives, often using mathematical techniques.
The optimization of algorithms is crucial for improving the performance of software applications.
The adjustment of a system or process to maximize efficiency or effectiveness.
Regular audits facilitated the optimization of the marketing strategy.

Etymology

Derived from the Latin 'optimus' meaning 'best', combined with the suffix '-ization' indicating a process.

Common Phrases and Expressions

cost optimization
The practice of reducing expenses while maintaining quality.
performance optimization
Improving the speed and efficiency of a system or process.
resource optimization
The effective and efficient use of resources.
search engine optimization
Strategies to improve the visibility of a website in search engine results.

Related Words

optimize
To make the best or most effective use of a resource or situation.
optimal
Most conducive to a favorable outcome; best.
efficiency
The state or quality of being efficient, achieving maximum productivity with minimum wasted effort.

Slang Meanings

Opting for the best solution or method.
I'm all about that optimization life when it comes to my workflow.
Streamlining processes for better results.
Let's just optimize this project to save time and resources.