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Single Objective Optimization

Dirk Inghels
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Dirk Inghels: Vrije Universiteit Amsterdam

Chapter Chapter 2 in Introduction to Modeling Sustainable Development in Business Processes, 2020, pp 31-58 from Springer

Abstract: Abstract In this chapter, we discuss the optimization of sustainability problems with one single objective that is subjected to one or more constraints. This kind of problem is called a Single Objective Optimization Problem, abbreviated as SOOP. Linear programming (LP) is the mathematical technique we use for solving a SOOP. In linear programming, ‘linear’ refers to the fact that all the mathematical functions, i.e. the objective function and constraints, are required to be linear. ‘Programming’ refers to planning problems. In this book, linear programming is used to solve business process planning problems such as the maximization of profit or the minimization of environmental or societal impact.

Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-58422-1_2

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DOI: 10.1007/978-3-030-58422-1_2

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