Computational Complexity Theory
The apx class refers to a collection of optimization problems for which there exists a polynomial-time approximation scheme (PTAS), meaning that solutions can be approximated within a specified ratio of the optimal solution in polynomial time. This class is important in the study of computational complexity because it helps to categorize problems based on how closely they can be approximated compared to their true optimal solutions. Problems in this class are often challenging, but they are more tractable than those that cannot be approximated at all.
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