Optimization—Goals, Decisions, and Constraints
Lecture no. 7 from the course: Mathematical Decision Making: Predictive Models and Optimization
Taught by Professor Scott P. Stevens | 28 min | Categories: The Great Courses Plus Online Mathematics Courses
Get the big picture on optimization, which is the focus of the next section of the course. Optimization seeks the best possible answer to a given problem. Learn how to model an optimization problem by asking four key questions. Then trace the steps in an example from the airline industry.