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Objective function

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This is an old revision of this page, as edited by Olegalexandrov (talk | contribs) at 01:11, 9 December 2004 (made it clearer (hopefully) what an objective function is, and when it is used). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Objective function (or cost function) in a term used in optimization. An objective function is a function taking real values. The purpose of optimization is to minimize or maximize such a function. Examples of such problems are minimizing cost, and maximizing profit.