Objective Function Coefficient

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Description

The symbols c1, c2, ..., cn in the equation below are called objective function coefficients and might represent the marginal profits (or costs) associated with the decision variables X1, X2, ..., Xn, respectively.

MAX (or MIN): c1X1 + c2X2 + ... + cnXn

Concept Prerequisite

Wikipedia Reference

Learning Material

Covered in Topic(s)

 
Overview of Optimization