Introduction to Optimization Techniques


An optimization is an important tool in making decisions and in analyzing physical systems. In mathematical terms, an optimization problem is a problem of finding the best solution from among of the set of all feasible solutions.

"An optimization is the act of achieving the best possible result under given circumstances."

"Primary objective may not be optimized absolutely but to compromise effectively and thereby produce the best formulation under a given set of restrictions."

Why optimization is necessary?

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