Concept information
Preferred term
optimization
Definition
- Optimization is the study of organizational problems in which one seeks to minimize or maximize a real function by systematically choosing the values of real or integer variables from within an allowed set. In mathematics, optimization is called mathematical programming. [Source: Encyclopedia of Business in Today's World; Optimization]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/optimization
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