A maximization objective function could be used by the modeler in any of the following situations except:
A) When trying to optimize profit.
B) When trying to reach production levels.
C) When trying to improve customer satisfaction.
D) When trying to optimize cost.

Question

Quizplus · Accepted Answer

Maximization is typically used for objectives like profit, production levels, or customer satisfaction, where the goal is to increase these metrics. Optimizing cost usually involves minimization, as the goal is to reduce costs, not increase them.

A Maximization Objective Function Could Be Used by the Modeler