maximization

English

Etymology

    From maximize + -ation.

    Noun

    maximization (countable and uncountable, plural maximizations)

    1. The act of raising something to its greatest value or extent.
      Monopolies engaging in profit maximization will produce at the quantity where its marginal revenue equals marginal cost.
    2. (mathematics) The process of finding the maximum value of a function.

    Translations

    See also