optimal kit problem - meaning and definition. What is optimal kit problem
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What (who) is optimal kit problem - definition

CLASS OF MATHEMATICAL PROBLEMS CONCERNED WITH CHOOSING AN OPTIMAL TIME TO TAKE A PARTICULAR ACTION
Optimal Stopping; Optimal Stopping problem

Optimization problem         
PROBLEMS INVOLVING THE SELECTION OF AN OPTIMAL ELEMENT FROM SETS OF AVAILABLE ALTERNATIVES
Optimal solution; Optimal value; Multimodal optimization problem
In mathematics, computer science and economics, an optimization problem is the problem of finding the best solution from all feasible solutions.
sponge bag         
ARTICLE OF LUGGAGE
Dopp; Dopp kit; Dop Kit; Dopp Kit; Toilet bag; Toilet-bag; Washbag; Dob kit; Dopp bag; Body hygene kit; Wash bag; Toiletry kit; Travel kit; Body hygiene case; Dop kit; Sponge bag; Body hygiene kit; Bathroom bag
¦ noun Brit. a toilet bag.
toilet bag         
ARTICLE OF LUGGAGE
Dopp; Dopp kit; Dop Kit; Dopp Kit; Toilet bag; Toilet-bag; Washbag; Dob kit; Dopp bag; Body hygene kit; Wash bag; Toiletry kit; Travel kit; Body hygiene case; Dop kit; Sponge bag; Body hygiene kit; Bathroom bag
¦ noun Brit. a waterproof bag for holding toothpaste, soap, etc. when travelling.

Wikipedia

Optimal stopping

In mathematics, the theory of optimal stopping or early stopping is concerned with the problem of choosing a time to take a particular action, in order to maximise an expected reward or minimise an expected cost. Optimal stopping problems can be found in areas of statistics, economics, and mathematical finance (related to the pricing of American options). A key example of an optimal stopping problem is the secretary problem. Optimal stopping problems can often be written in the form of a Bellman equation, and are therefore often solved using dynamic programming.