ECONOMICS

Detailed explanation-1: -A genetic algorithm is an intelligent system that mimics the evolutionary, survival-of-the fittest process to generate increasingly better solutions to a problem. Genetic algorithms are used to design aircraftparts such as fan blades etc.

Detailed explanation-2: -Genetic algorithms (GAs) are a quite recent technique of optimizitation, whose basic concept is mimicking the evolution of a species, according to the Darwinian theory of the ‘survival of the fittest’.

Detailed explanation-3: -A genetic algorithm (GA) is a heuristic search algorithm used to solve search and optimization problems. This algorithm is a subset of evolutionary algorithms, which are used in computation. Genetic algorithms employ the concept of genetics and natural selection to provide solutions to problems.

Detailed explanation-4: -Neural Networks Mimic the Human Brain By stimulating the human neural network, artificial neural networks in computers consist of thousands of nodes which are interconnected, in order to perform a certain algorithm.

Detailed explanation-5: -A genetic algorithm is a search heuristic that is inspired by Charles Darwin’s theory of natural evolution. This algorithm reflects the process of natural selection where the fittest individuals are selected for reproduction in order to produce offspring of the next generation.