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Under logarithmic interpolation,if he -tear yield is , ,then the interpolated yield for lying between and is given by where is a parameter.Suppose the yield at one year is 4% and the yield at two years is 5%.Then,the closest yield at one and a half years,using logarithmic interpolation in time ,is
Profit
The financial gain obtained when the revenue generated from business activities exceeds the expenses, costs, and taxes involved in sustaining the activity.
Objective Function
A mathematical function used in decision-making, optimization, or problem-solving that specifies the objective to be maximized or minimized.
Maximize Contribution
A financial strategy or goal to increase the difference between total sales and total variable costs to maximize the profit contributed towards fixed costs and earnings.
Unbounded Maximizing
A type of optimization problem where the goal is to find the highest possible value of an objective function without upper limits.
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