Remember, every objective must start with the word , "To.

" An easy way to remember

the characteristics of a good objective, is the acronym, "SMART." It stands for
"Specific, Measurable, Achievable, Realistic and Time-Bound."
The objective function is P = 40x + 30y, which has a slope of -4/3. The slope of
-4/3 = -1.33333 falls between -3/2 and -1, so the optimal solution would be at the
point (6,3). Then, to find out what the maximum value is, we still need to plug x =
6 and y = 3 back into the objective function.
When we talk of maximizing or minimizing a function what we mean is what can be the
maximum possible value of that function or the minimum possible value of that
function. ... This is local maxima and minima because here we have restricted our
interval over which the function is defined.
An optimization algorithm is a procedure which is executed iteratively by comparing
various solutions till an optimum or a satisfactory solution is found. ... There
are two distinct types of optimization algorithms widely used today. (a)
Deterministic Algorithms. They use specific rules for moving one solution to other.
A shadow price is an estimated price for something that is not normally priced in
the market or sold in the market. It is often used in cost-benefit accounting to
value intangible assets, but can also be used to reveal the true price of a money
market share, or by economists to put a price tag on externalities.
If your quadratic equation has a positive a term, it will also have a minimum
value. You can find this minimum value by graphing the function or by using one of
the two equations. If you have the equation in the form of y = ax^2 + bx + c, then
you can find the minimum value using the equation min = c - b^2/4a.
Full employment. Price stability. A high, but sustainable, rate of economic growth.
Keeping the balance of payments in equilibrium.
The main government aims for the economy are full employment, price stability,
economic growth, redistribution of income and stability of balance of payments. A
government can operate a range of policy measures to achieve these aims and it is
judged on their success or otherwise.
Answer. Strengthen the family's role in society and preserve its social and
economic cohesiveness and stability. Contribute to providing job and income-earning
opportunities through capital and development projects and supporting the
development of small businesses.
They are sometimes called learning outcomes. The Learning objective or objectives
that you use can be based on three areas of learning: knowledge, skills and
attitudes. Learning objectives define learning outcomes and focus teaching.