A fully polynomial-time approximation scheme (FPTAS) is an algorithm for finding approximately-optimal solutions to optimization problems. An FPTAS takes as input an instance of the problem and a parameter ε > 0. It returns as output a solution whose value is - * At least 1 − ε times the optimal solution - in case of a maximization problem, or - * At most 1 + ε times the optimal solution - in case of a minimization problem. The term FPTAS may also be used to refer to the class of optimization problems that have an FPTAS. FPTAS is a subset of PTAS, and unless P = NP, it is a strict subset.
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