Cost Efficiency
Encyclopedia
Cost efficiency in the context of parallel computer
Parallel computing
Parallel computing is a form of computation in which many calculations are carried out simultaneously, operating on the principle that large problems can often be divided into smaller ones, which are then solved concurrently . There are several different forms of parallel computing: bit-level,...

 algorithm
Algorithm
In mathematics and computer science, an algorithm is an effective method expressed as a finite list of well-defined instructions for calculating a function. Algorithms are used for calculation, data processing, and automated reasoning...

s, refers to a measure of how effectively parallel computing can be used to solve a particular problem. A parallel algorithm is considered cost efficient if its asymptotic running time
Big O notation
In mathematics, big O notation is used to describe the limiting behavior of a function when the argument tends towards a particular value or infinity, usually in terms of simpler functions. It is a member of a larger family of notations that is called Landau notation, Bachmann-Landau notation, or...

multiplied by the number of processing units involved in the computation is comparable to the running time of the best sequential algorithm.

For example, an algorithm that can be solved in time using the best known sequential algorithm and in a parallel computer with processors will be considered cost efficient.

Cost efficiency also has applications to human services.
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