Optimization (noun)

The act of making something as good or effective as possible, especially by improving efficiency or reducing waste.

Origin:

The term 'optimization' is derived from the latin word 'optimizare' which means 'to make the best of', and the suffix -ation which is used to form nouns from verbs.

Examples:

1. The optimization of the production process resulted in significant cost savings.
2. The optimization of the website improved its loading speed and search engine ranking.
3. The optimization of the route reduced the travel time by 20%.
4. The optimization of the energy consumption improved the sustainability of the building.
5. The optimization of the algorithm improved the accuracy of the predictions.