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Greedy Introduction. Greedy algorithms are simple and straightforward. They are shortsighted in their approach in the sense that they take decisions on the basis of information at hand without worrying about the effect these decisions may have in the future. They are easy to invent, easy to implement and most of the time quite efficient.
add a comment |. up vote 2 down vote. An algorithm is a method for solving a problem, but a formula is a sequence of numbers and symbols corresponding to a word in a language. The quadratic formula is an algorithm, because it is a method for solving quadratic equations.Algorithms may not even involve math, but formulas almost exclusively use numbers.p vote 0 down vote. An algorithm is a formula as well as a procedure. Therefore conceptually a formula is a subset of an algorithm. Algorithms can be defined either in a procedure or a formula. As someone mentioned above baking a bread is a procedure and its definitely an algorithm.