4 Constrained optimization

This chapter covers

  • Adding comments to your R code
  • Visualizing data distributions with density plots
  • Visualizing the correlation between just two variables at a time
  • Defining constrained optimization
  • Applying the constrained optimization method

How often have you been asked to do more with less? In other words, what you’re really being asked is to make the most of a situation compromised by trying circumstances. Constrained optimization is the operations research and quantitative solution to that end. In this chapter, we’ll demonstrate how to organize and execute a typical constrained optimization problem. To accomplish this goal, we have a fictional NBA team fixed on acquiring veteran players from the free agent ...

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