Examlex
Approximately what percent of ingested iron is absorbed?
Objective Function
A mathematical expression representing the goal of an optimization problem, typically to maximize or minimize certain values.
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.
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