objective function

Definition

An equation to be optimized given certain constraints and with variables that need to be minimized or maximized using nonlinear programming techniques. An objective function can be the result of an attempt to express a business goal in mathematical terms for use in decision analysis, operations research or optimization studies.

Use objective function in a sentence

Related Videos




http://www.businessdictionary.com/definition/objective-function.html

Have a question about objective function? Ask for help in the
Community
advertise here

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z