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What is Initial Values

Encyclopedia of Business Analytics and Optimization
Staring values for numerical methods. Default values are usually all 0’s or all 1’s but care must be taken to insure convergence.
Published in Chapter:
Constrained Nonlinear Optimization in Business
William P. Fox (Naval Postgraduate School, USA)
Copyright: © 2014 |Pages: 13
DOI: 10.4018/978-1-4666-5202-6.ch047
Abstract
We present both classical analytical, numerical, and heuristic techniques to solve constrained optimization problems relating to business, industry, and government. We briefly discuss other methods such as genetic algorithm. Today's business environment has many resource challenges to their attempts to maximize profits or minimize costs for which constrained optimization might be used. Facility location and transportation networks techniques are often used as well as the traveling salesman problem.
Full Text Chapter Download: US $37.50 Add to Cart
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Constrained Nonlinear Optimization in Information Science
Staring values for numerical methods. Default values are usually all 0’s or all 1’s but care must be taken to insure convergence.
Full Text Chapter Download: US $37.50 Add to Cart
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