A mathematical model in which one is trying to maximize or minimize some quantity while satisfying a set of constraints is a(n):
A) objective model
B) constrained model
C) constrained optimization problem
D) decision model
E) excel model

Question

Quizplus · Accepted Answer

The definition given in the question fits best with option C, which is a constrained optimization problem. Objective model (A) and decision model (D) are more general terms that can refer to a variety of mathematical models. Constrained model (B) and excel model (E) are not specific enough to describe the optimization problem described in the question.

A Mathematical Model in Which One Is Trying to Maximize