Theoretical and Natural Science

- The Open Access Proceedings Series for Conferences


Theoretical and Natural Science

Vol. 5, 25 May 2023


Open Access | Article

Real-life Application of Optimization Problem

Shengnan Zhang * 1
1 Coventry christian school, PA, USA, 19525

* Author to whom correspondence should be addressed.

Theoretical and Natural Science, Vol. 5, 53-57
Published 25 May 2023. © 2023 The Author(s). Published by EWA Publishing
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Citation Shengnan Zhang. Real-life Application of Optimization Problem. TNS (2023) Vol. 5: 53-57. DOI: 10.54254/2753-8818/5/20230271.

Abstract

With the continuous improvement of science and technology, optimization has become an indispensable and important part of people's lives. Optimization problems also help people find the optimal solution in their lives. It is necessary to mention the practical application of optimization problems in reality. The purpose of the experiment in this paper is mainly to find out whether the optimization problem is far away from people through practical application examples, or whether it is closely related, and to explore whether it helps people's lives. This experiment is a verification of this problem. This experiment mainly uses Python and the gradient descent method to prove the practicality and efficiency of optimization problems. Specifically, it is based on the background of buying a house. The data comes mainly from practical examples of Guangdong, Baoan. The results are also obvious, successfully demonstrating that the practical application of optimization problems can improve people's lives, improve efficiency, and are closely related to people's lives.

Keywords

Gradient descent, Guangdong, Baoan, Optimization, Real-world application.

References

1. Kwiatkowski, Robert. “Gradient Descent Algorithm - a Deep Dive.” Medium, Towards Data Science, 13 July 2022, https://towardsdatascience.com/gradient-descent-algorithm-a-deep-dive-cf04e8115f21.

2. Donges, Niklas, et al. “Gradient Descent: An Introduction to 1 of Machine Learning's Most Popular Algorithms.” Built In, https://builtin.com/data-science/gradient-descent.

3. “Optimization Definition & Meaning.” Merriam-Webster, Merriam-Webster, https://www.merriam-webster.com/dictionary/optimization.

4. “Calculus Early Transcendentals: Differential & Multi-Variable Calculus for Social Sciences.” Optimization Problems, https://www.sfu.ca/math-coursenotes/Math%20157%20Course%20Notes/sec_Optimization.html.

5. Libretexts. “4.7: Optimization Problems.” Mathematics LibreTexts, Libretexts, 10 Nov. 2020, https://math.libretexts.org/Bookshelves/Calculus/Map%3A_Calculus__Early_Transcendentals_(Stewart)/04%3A_Applications_of_Differentiation/4.07%3A_Optimization_Problems.

6. “Examples of Optimization Problems.” Solver, 25 Feb. 2020, https://www.solver.com/examples-optimization-problems.

7. Birkett, Bruce. “How to Solve Optimization Problems in Calculus.” Matheno.com, 28 Feb. 2019, https://www.matheno.com/blog/how-to-solve-optimization-problems-in-calculus/.

8. Guo, Shuai. “An Introduction to Surrogate Optimization: Intuition, Illustration, Case Study, and the Code.” Medium, Towards Data Science, 26 Jan. 2021, https://towardsdatascience.com/an-introduction-to-surrogate-optimization-intuition-illustration-case-study-and-the-code-5d9364aed51b.

9. Mainkar, Sagar. “Gradient Descent in Python.” Medium, Towards Data Science, 28 Aug. 2018, https://towardsdatascience.com/gradient-descent-in-python-a0d07285742f.

10. “How to Implement a Gradient Descent in Python to Find a Local Minimum ?” GeeksforGeeks, 18 Jan. 2022, https://www.geeksforgeeks.org/how-to-implement-a-gradient-descent-in-python-to-find-a-local-minimum/.

11. Bao'an house price, real house price - China house price market, https://m.creprice.cn/district/BA.html?city=sz.

Data Availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License. Authors who publish this series agree to the following terms:

1. Authors retain copyright and grant the series right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this series.

2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the series's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this series.

3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See Open Access Instruction).

Volume Title
Proceedings of the 2nd International Conference on Computing Innovation and Applied Physics (CONF-CIAP 2023)
ISBN (Print)
978-1-915371-53-9
ISBN (Online)
978-1-915371-54-6
Published Date
25 May 2023
Series
Theoretical and Natural Science
ISSN (Print)
2753-8818
ISSN (Online)
2753-8826
DOI
10.54254/2753-8818/5/20230271
Copyright
25 May 2023
Open Access
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

Copyright © 2023 EWA Publishing. Unless Otherwise Stated