What is constrained Optimization? Please, answer this question in details and provide references if possible. Thanks
Explanation:
Constrained Optimization:
Constrained Optimization meant to be the when individual person has faced the constraints while making the decision to optimize or minimize his objective functions. It also told that constraints optimization refers to the restrictions have on the occupancy of resources and various requirements. Constraints is limited capacity concerned with capital equipment of the company. Every time manager or personnel fails to make proper decision to optimize or minimize his respective objective functions he have the problem of constraint optimization.
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