Q2Advanced Engineering Mathematics
Question
2 marks
What is optimization Technique? Give example.
Answer
Optimization is finding the best solution from all feasible solutions.
Optimization Technique is a mathematical procedure for determining the absolute optimal (either maximum or minimum) value of a given objective function, subject to a specific set of constraints.
Example: Maximizing total profit for a manufacturing factory that produces two different types of goods, given strictly limited raw materials, machine availability, and daily labor hours (which form the practical constraints).