Etymology
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optimization (n.)

1857, "act or process of making optimal," noun of action from optimize.

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Definitions of optimization

optimization (n.)
the act of rendering optimal;
in an optimization problem we seek values of the variables that lead to an optimal value of the function that is to be optimized
the simultaneous optimization of growth and profitability
to promote the optimization and diversification of agricultural products
Synonyms: optimisation
From wordnet.princeton.edu