The formulation and development of quantum theory in the first
half of the
century has led to a revolution in our
understanding of fundamental physics. Quantum theory has demonstrated
a surprising accuracy and predictive power, and the importance of
quantum theory in the pure and applied sciences in virtually
unchallenged.
The relevant equations to be solved are clearly the equations of quantum mechanics , if we are to attempt to model real processes and real materials. Unfortunately, Schrödinger's equation, the most fundamental equation of wavefunction based quantum mechanics, cannot be solved analytically for all but the most trivial of systems, most of which are not relevant to the world at large.
In order to make useful progress the equations must be solved
numerically.