What is Branch and Bound Algorithm?
The Branch and Bound algorithm is a method used for solving combinatorial optimization problems. These are problems where you’re trying to find the best solution out of a set of possible solutions.
The algorithm works by dividing (branching) the problem into subproblems and solving them independently. The solutions to the subproblems are then combined to give a solution to the original problem.
Why do we use branch and bound algorithm?
The Branch and Bound algorithm is used to solve optimization problems where the goal is to find the best solution out of all possible solutions. It is efficient as it eliminates the need to check all solutions by ruling out those that cannot possibly lead to the best solution.