Optimization of Systems

Optimization of Systems

Loading document ...
Page
of
Loading page ...

Author(s)

Author(s): Rowland J.O. Ekeocha

Download Full PDF Read Complete Article

DOI: 10.18483/ijSci.1964 13 36 118-125 Volume 8 - Mar 2019

Abstract

Optimization is defined as the mathematical procedures involved in effecting optimality. It is also a collection of mathematical principles and methods used for solving quantitative problems in many disciplines. In business, optimization is finding an alternative with the most cost effective or highest achievable performance under given constraints by maximizing desired factors and minimizing undesired ones. The purpose of optimization is therefore to achieve the best design relative to a set of prioritized criteria or constraints which include maximizing factors such as productivity, strength, reliability, longevity, efficiency and utilization. Mathematical model attempts to optimize (maximize or minimize) an objective function without violating resource constraints. Various optimization techniques are used to achieve optimality of systems. The objective of the paper is to employed appropriate optimization techniques in worked examples to achieve optimality of systems.

Keywords

Optimality, Optimization Techniques, Systems

References

  1. Britannica.com: https://www.britannica.com/topic/optimization
  2. Ekeocha, RJO (2018) The Use of Duality Principle to Solve Optimization Problems, International Journal of Recent Contributions from Engineering Science & IT (iJES), vol. 6, no.1, 2018, pp. 33-42.
  3. Humphreys, K.K. (1991) Jelen’s Cost & Optimization Engineering, 3RD Edition, Publisher: McGraw Hill Inc.
  4. Merriam Webster: https://www.merriam-webster.com/dictionary/optimization
  5. Wikipedia, 2018: https://en.wikipedia.org/wiki/Optimization_problem

Cite this Article:

  • BibTex
  • RIS
  • APA
  • Harvard
  • IEEE
  • MLA
  • Vancouver
  • Chicago

International Journal of Sciences is Open Access Journal.
This article is licensed under a Creative Commons Attribution 4.0 International (CC BY 4.0) License.
Author(s) retain the copyrights of this article, though, publication rights are with Alkhaer Publications.

Search Articles

Issue March 2019

Volume 8, March 2019


Table of Contents


Order Print Copy

World-wide Delivery is FREE

Share this Issue with Friends:


Submit your Paper