- The document discusses approximation algorithms for NP-complete problems. Approximation algorithms aim to find near-optimal solutions in polynomial time, rather than guaranteed optimal solutions.
- It provides examples of approximation algorithms for the vertex cover problem and traveling salesman problem (TSP). The greedy vertex cover algorithm is a 2-approximation algorithm, while the minimum spanning tree approach provides a TSP tour within a factor of 2 of optimal.
- Performance ratios and terminology used in analyzing approximation algorithms are defined, such as absolute, f(n)-approximation, and ε-approximation. The document also discusses approximation schemes.