Question

Write the standard formulation of an optimization problem. How would you write a problem in the...

Write the standard formulation of an optimization problem. How would you write a problem in the standard form if the objective is of (a) More is better (MIB) type, (b) Nominal is better (NIB) type and (c) Lower is better (LIB) type.

FYI An example of this notation would be Min f(x) S.t. h(x) = 0 and g(x)<= 0 = x

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