Optimization Theory

Optimization Theory is a branch of mathematics focused on finding the best solution from a set of possible options. In calculus and analysis, this often involves identifying maximum or minimum values of functions—like maximizing profit or minimizing costs. It uses techniques such as derivatives to determine where these optimal points occur, based on specific constraints. Essentially, it's about making the best choices in various scenarios by analyzing how changes in variables affect outcomes. This theory is widely applied in fields like economics, engineering, logistics, and more to improve decision-making processes.