Objective Function: Difference between revisions

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{{Learning concept
{{Learning concept
|Description=The objective function identifies some function of the decision variables that the decision maker wants to either MAXimize or MINimize.  
|Description=The objective function identifies some function of the decision variables that the decision maker wants to either MAXimize or MINimize.
|Wikipedia reference=http://en.wikipedia.org/wiki/Loss_function
}}
}}

Latest revision as of 13:37, 30 December 2013

Description

The objective function identifies some function of the decision variables that the decision maker wants to either MAXimize or MINimize.

Concept Prerequisite

Wikipedia Reference

http://en.wikipedia.org/wiki/Loss function

Learning Material

Covered in Topic(s)

 
Linear Programming
Overview of Optimization