Examlex
The SAT, the ACT and the GRE are all types of __________
Feasible Region
In operations research and optimization, the set of all possible points that satisfy a series of constraints, typically within linear programming problems.
Objective Function
A mathematical formula that defines the goal of an optimization problem, often involving minimizing or maximizing some quantity.
Constraints
Limits or restrictions on the possible solutions to a problem, often considered in planning, design, and optimization.
Profit Maximization
The process of identifying the price level and production volume that generate the highest possible profit for a business.
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