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What is an objective function? A mathematical expression that describes the problem's objective Decision alternatives specified by the decision maker, such as the number of
What is an objective function?
A mathematical expression that describes the problem's objective
Decision alternatives specified by the decision maker, such as the number of units of a product to produce.
Environmental factors that are not under the control of the decision maker
A set of restrictions or limitations such as production capacities
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Hospitality Financial Accounting
Authors: Jerry J Weygandt, Donald E Kieso, Paul D Kimmel, Agnes L DeFranco
1st Edition
0471270555, 9780471270553
