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Derivatives for Solving Optimization with Constraints In Business And Economics

Journal: IEESE International Journal of Science and Technology (IJSTE) (Vol.3, No. 1)

Publication Date:

Authors : ;

Page : 8-12

Keywords : Substitution Method; Lagrange Multiplier;

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Mathematics is a tool used by other scientific disciplines in order of solving the problem can be obtained in quantitative results. The optimum problem is an interesting one type of problem that will be the object of our discussion in this paper. The main idea in this paper shows how easy substitution method and Lagrange Multiplier Methods in solving problems of optimum with constraints. In this paper the author will show you a little bit about how easy and smooth optimum mathematical problem solving using formulas derivative / differential for business and economics. With this simple example of the problems that the authors hope to provide an overview to practitioners on how business and economic potential-kensep math concepts can help them. And also note the importance of simplification of a problem with using mathematical modeling approach, so that mathematical formulas can help them in solving the problem with a good or optimal results. And finally it would seem that the business and the nature of mathematical economics.

Last modified: 2014-12-17 16:22:46