mathematical optimization 1
noundomain: thinking
EnWordnet [ver.5.0]
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EnglishDefinition
In mathematics, computer science, economics, or management science, the selection of a best element (with regard to some criteria) from some set of available alternatives.
Examples
- 1.High-level controllers such as Model predictive control (MPC) or Real-Time Optimization (RTO) employ mathematical optimization. These algorithms run online and repeatedly determine values for decision variables, such as choke openings in a process plant, by iteratively solving a mathematical optimization problem including constraints and a model of the system to be controlled.
Synonyms
- mathematical programming 1
In mathematics, computer science, economics, or management science, the selection of a best element (with regard to some criteria) from some set of available alternatives.
