Examlex
The physical goods supply chain contains all but one of the following elements: ________.
Inequality
A mathematical statement indicating that two expressions are not equal, usually shown with signs like <, >, ≤, or ≥.
Linear Optimization
The process of finding the best solution or maximizing/minimizing a linear objective function subject to linear equality or inequality constraints.
Objective Function
A mathematical function used in various optimization problems that describes the problem's objective, usually maximization or minimization.
Maximize Total Profit
The process of adjusting inputs and decision variables to achieve the highest possible monetary gain in a business operation or economic model.
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