Constrained optimization

Constrained optimization is a mathematical approach used to find the best solution to a problem while adhering to certain limitations or restrictions. Imagine trying to maximize your enjoyment at an amusement park but constrained by factors like time, budget, or energy. This process identifies the optimal way to allocate resources or make decisions within those limits, balancing competing goals. Essentially, it's about making the best choice possible when faced with restrictions, ensuring that you achieve the best outcome given the circumstances.