The analyses and transformations performed in this compiler stage include demand analysis (a generalization of strictness analysis), application of user-defined rewrite rules (including a set of rules included in GHC's standard libraries that performs foldr/build fusion), unfolding (called "inlining" in more traditional compilers), let-floating, an analysis that determines which function arguments can be unboxed, constructed product result analysis, specialization of overloaded functions, as well as a set of simpler local transformations such as constant folding and beta reduction.