# What is an objective equation?

**Objective Equation**is the

**equation**that illustrates the object of the problem. If asked to minimize cost, an

**equation**representing the total cost is your

**objective equation**. 3. Determine your Constraint

**Equation**. The Constraint

**Equation**is an

**equation**representing any constraints that you are given in the problem.

Accordingly, what is an objective function in math?

**Objective Function**: The **objective function** in a mathematical optimization problem is the real-valued **function** whose value is to be either minimized or maximized over the set of feasible alternatives. In problem P above, the set X is the feasible region.

Additionally, what is objective function in LPP? In **LPP**, **objective function** is generally a **function** which is to be maximised or minimised subject to the given constraints.

Moreover, what is objective function in statistics?

Definition: The **objective function** is a mathematical equation that describes the production output target that corresponds to the maximization of profits with respect to production. It then uses the correlation of variables to determine the value of the final outcome.

What is an objective function example?

**Example** of **Objective Function** These include: Allocating machinery and labor between different products so that profit is maximized or costs are minimized. Managing the inventory of raw materials and spare parts in a factory.