Question: Optimization problems are everywhere: managing your time and finances, building a bookshelf, planning a trip, organizing a paper delivery route to travel the least distance,
Optimization problems are everywhere: managing your time and finances, building a bookshelf, planning a trip, organizing a paper delivery route to travel the least distance, making a fortune in the stock market, reducing waste, picking the optimum fantasy football team, designing a diet,
I would like for you to come up with an optimization problem that is interesting to you or relevant to your work.
(a) Define the problem.
(b) Carefully set up the problem and concisely describe the optimization problem. (Using the 5-step method and summarizing the mathematical statement of the optimization problem)
(c) Solve the problem using whatever technique you find most appropriate.
Solve by hand.
Please show all steps and screenshots by hand, will leave like, if I like the response. Thank you.
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