Web Reference: Set up and solve optimization problems in several applied fields. One common application of calculus is calculating the minimum or maximum value of a function. For example, companies often want to minimize production costs or maximize revenue. Aug 15, 2023 · In this section we will continue working optimization problems. The examples in this section tend to be a little more involved and will often involve situations that will be more easily described with a sketch as opposed to the 'simple' geometric objects we looked at in the previous section. Nov 15, 2023 · Convex problems satisfy strong duality, so one can solve the primal or the dual prpoblem to get the same solution: min J(x) = max D(λ) λ≥0
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