Optimization Problems
Optimization
If we wish to optimize a function, we are interested in finding its maximum or minimum.
APPLIED MINIMUM AND MAXIMUM PROBLEMS
Guidelines for Solving Applied Minimum and Maximum Problems
Step 1: Identify all given quantities and all quantities to be determined. MAKE A SKETCH!!!
Step 2: Write a primary equation for the quantity that is to be maximized or minimized.
Step 3: Reduce the primary equation to one having a single independent variable. You may need to use secondary equations relating the independent variables of the primary equation.
Step 4: Determine the feasible domain of the primary equation.
Step 5: Determine the desired maximum or minimum value using the techniques learned before.
Learn more about optimization problems by reading the explanation below.
Practice: Answer the following exercises about optimization problems.