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What is Optimal Solution

Chapter 231
Encyclopedia of Business Analytics and Optimization
The values of the decision variables that either maximize or minimize the objective function.
Published in Chapter:
Unconstrained Optimization in Business Analytics
William P. Fox (Naval Postgraduate School, USA)
Copyright: © 2014 |Pages: 13
DOI: 10.4018/978-1-4666-5202-6.ch231
Full Text Chapter Download: US $37.50 Add to Cart
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Chapter 6
The Traveling Salesman Problem: Network Properties, Convex Quadratic Formulation, and Solution
A feasible solution at the point where the objective function reaches its maximum/minimum value.
Published in Chapter: The Traveling Salesman Problem: Network Properties, Convex Quadratic Formulation, and Solution; From: Research Advancements in Smart Technology, Optimization, and Renewable Energy
Full Text Chapter Download: US $37.50 Add to Cart
Chapter 143
Multiobjective Programming
A solution that maximize the DM’s value function or that is most preferred by the DM.
Published in Chapter: Multiobjective Programming; From: Encyclopedia of Business Analytics and Optimization
Full Text Chapter Download: US $37.50 Add to Cart
Chapter 4
New Direction to the Scheduling Problem: A Pre-Processing Integer Formulation Approach
A feasible solution at the point where the objective function reaches its maximum/minimum value.
Published in Chapter: New Direction to the Scheduling Problem: A Pre-Processing Integer Formulation Approach; From: Research Advancements in Smart Technology, Optimization, and Renewable Energy
Full Text Chapter Download: US $37.50 Add to Cart
Chapter 147
Nonlinear Programming
The specific decision variable values or value that provide the best output for the model.
Published in Chapter: Nonlinear Programming; From: Encyclopedia of Business Analytics and Optimization
Full Text Chapter Download: US $37.50 Add to Cart
Chapter 3
Improving the Optimality Verification and the Parallel Processing of the General Knapsack Linear Integer Problem
A feasible solution at the point where the objective function reaches its maximum/minimum value.
Published in Chapter: Improving the Optimality Verification and the Parallel Processing of the General Knapsack Linear Integer Problem; From: Research Advancements in Smart Technology, Optimization, and Renewable Energy
Full Text Chapter Download: US $37.50 Add to Cart
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