Review of Iterative Numerical Methods Preferred in Technical Application to Increase Efficiency

Abstract

Computational methods (CM) are involved in the realization of many modern industrial applications. Increasing efficiency of the practical application contributes to the widespread use of CM. Also, the increased speed of the processors which is available at a reasonable cost, makes CM possible to use widely. Iterative methods are one of the main computational methods preferred in the literature and industrial applications to increase efficiency. One of the main contributions of the iterative method is to increase efficiency without increasing the production cost. Today's harsh market conditions are forcing companies to obtain high-quality products at low cost in every field. Therefore, the use of iterative methods takes part in more field industrial applications. Iterative methods mostly preferred in practical applications are examined in this study and summarized in four tables. The focus of this paper is to be a starting point for using iterative methods in practical application and create a framework on the subject for researchers that want to use iterative methods in their application. © 2020 Elsevier B.V., All rights reserved.