Encyclopedia of Operations Research and Management Science

2001 Edition
| Editors: Saul I. Gass, Carl M. Harris

Optimal value

Reference work entry
DOI: https://doi.org/10.1007/1-4020-0611-X_707
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The best value that can be realized or attained; for a mathematical programming problem, the minimum or maximum value of the objective function over the feasible region.

Copyright information

© Kluwer Academic Publishers 2001

Authors and Affiliations

  1. 1.Robert H. Smith School of BusinessUniversity of MarylandCollege PartUSA
  2. 2.School of Information Technology & EngineeringGeorge Mason UniversityFairfaxUSA