maximization Meaning & Definition

  • En [ ˌmæk.sɪ.maɪˈzeɪ.ʃən]
  • Us [ ˌmæk.sə.məˈzeɪ.ʃən]

Meaning of maximization In English

More Definitions of maximization

Examples of maximization

  • Shareholder wealth maximization remains the appropriate goal in governing the firm.

  • This paper implies that we should reject profit maximization as the sole objective of business.

  • There are some who may argue that a carefully managed society results in maximization of happiness.

  • Profit maximization ranked very low in the early and mid group, while it was mentioned more frequently among the late entrants.

  • We first solve the static profit maximization problem of producers.

  • In order to maintain simplicity, we used a simple profit maximization function as the objective for each of the agent groups.

  • While it urged the maximization of palm oil exports, the colonial government gave little encouragement to the production of by-products of palm oil for export.

  • This implies that the data can be rationalized by a well-behaved utility function and is, therefore, consistent with utility maximization.

More Examples of maximization

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