(transitive) To make maximal; maximize. What is the noun of Maximize? maximization (also maximisation British English) noun the maximization of earnings per share2 to increase the size of a WINDOW on a computer screen as much as possible when you are using a particular programThis menu allows you to maximizeRead More →
A monopolist can determine its profit-maximizing price and quantity by analyzing the marginal revenue and marginal costs of producing an extra unit. If the marginal revenue exceeds the marginal cost, then the firm should produce the extra unit. What is the monopolist’s profit-maximizing level of output? The monopolist’s profit maximizingRead More →
There are certain types of transportation problem where the objective function is to be maximized instead of minimized. These kinds of problems can be solved by converting the maximization problem into minimization problem. How is maximization of transportation problem into minimization one? Determine a suitable allocation to maximize the totalRead More →