Constrained optimization
IN FINANCE, LINEAR PROGRAMMING, ECONOMICS AND COST MODELING
Constrained optimization problem; Constraint optimization; Maratos effect; Soft constraint; Hard constraint; Algorithms for solving constrained optimization problems; Methods for solving constrained optimization problems; Constrained minimisation; Constrained minimization
In mathematical optimization, constrained optimization (in some contexts called constraint optimization) is the process of optimizing an objective function with respect to some variables in the presence of constraints on those variables. The objective function is either a cost function or energy function, which is to be minimized, or a reward function or utility function, which is to be maximized.