What is the difference between optimal solution and optimal value
Answers
Answer:
Answer:An optimal solution is a feasible solution where the objective function reaches its maximum (or minimum) value – for example, the most profit or the least cost. A globally optimal solution is one where there are no other feasible solutions with better objective function values.
The major difference between optimal solution and optimal value is as follows :
Explanation:
An optimal solution is defined as a feasible solution where its objective function reaches its maximum (or minimum) value.
When we talk about a globally optimal solution, so we can say that it is a solution where there are no other feasible solutions with better objective function values.
The optimal value is the highest or the lowest point on the parabola.
The optimal valueis also known as the vertex of the parabola would be maximum if only the parabola opens down words. One opening upwards has a minimum value.