Optimization seeks to find a maximum (such as profit or payoff) or minimum (as in cost) in
Fantastic news! We've Found the answer you've been seeking!
Question:
Optimization seeks to find a maximum (such as profit or payoff) or minimum (as in cost) in light of constraints that form the boundaries of the decision. Consider a situation in daily life or in your place of work where you needed to find an optimal solution.
- Briefly describe the example in the discussion forum as well as the constraints associated with the problem.
- Explain how you arrived at a solution decision.
Posted Date: