Definition of Objective function:
(in linear programming) the function that it is desired to maximize or minimize.
An equation to be optimized given certain constraints and with variables that need to be minimized or maximized using nonlinear programming techniques. An objective function can be the result of an attempt to express a business goal in mathematical terms for use in decision analysis, operations research or optimization studies.
How to use Objective function in a sentence?
- It might be a good idea to figure out a good objective function for a product and then market it in that way.
- I had to figure out the objective function and I just decided not to and went to lunch instead, which seemed like a better idea.
- You need to understand what the objective function of a product will be so that you know how to properly market it.
- The purpose of a linear program is to maximize or minimize an objective function subject to a set of linear constraints.
Meaning of Objective function & Objective function Definition