In many branches of science, including mathematics, mathematical optimization is a branch that is about finding a right set of answers that gives the best (optimal) solution to a problem, given some limitations, or criteria.[1][2][3] In the simplest case, this means that a function needs to be minimized or maximized.
- ↑ Snyman, J. A. (2005). Practical mathematical optimization (pp. 97-148). Springer Science+ Business Media, Incorporated.
- ↑ Intriligator, M. D. (2002). Mathematical optimization and economic theory. Society for Industrial and Applied Mathematics.
- ↑ Luptacik, M. (2010). Mathematical optimization and economic analysis (p. 307). New York, NY, USA:: Springer.