26.2 OBJECTIVES AND CONSTRAINTS
Objectives are those things we want to minimize, or maximize.
Expressed as a function of variables that provides a value
Consider the example of building a fenced pasture. In this case when the area becomes too large, there is a reduced value. We want to maximize the value of V.
The cost function can be written as..
Constraints are boundaries that cannot be crossed.
Example of constraints, the pasture cannot be larger than one 1600m be 1600m beacuse of the constraints of an existing road system.
The cost function can be written as..
Slack variables allow constraints to be considered as part of the cost function. Helps with a system with many local minimum.
The cost function can be written as..