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RoseWind [281]
3 years ago
8

An optimization model __________.

Business
1 answer:
storchak [24]3 years ago
3 0

Answer:

3) is a type of mathematical model used when the user seeks to optimize some objective function subject to some constraints

Explanation:

Optimization models are used by businesses to try to solve some specific problem by optimizing or minimizing its function.

For example, you want to optimize your inventory management. Your goal will be to lower your inventory costs by maximizing inventory turnover.

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