To find: the term that complete the sentence.
Answer to Problem 2SGR
Optimize is the word that can be filled in the blank.
Explanation of Solution
Given:
To_____ means to seek the best price or profit using linear programming.
Concept used:
A mathematical optimization model consists of an objective function and a set of constraints in the form of a system of equations or inequalities. Optimization models are used extensively in almost all areas of decision-making, such as engineering design and financial portfolio selection. This site presents a focused and structured process for optimization problem formulation, design of optimal strategy, and quality-control tools that include validation, verification, and post-solution activities.
Calculation:
To optimize means to seek the best price or profit using linear programming, because the optimize result can’t be beaten by any other solution of the programming.
Hence, optimize is the word that can be filled in the blank.
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