Mathematical Methods for Optimization
A bounded solution refers to a feasible solution of an optimization problem that exists within a limited range or boundary defined by the constraints of the problem. This means that the values of the decision variables are confined within specified upper and lower limits, ensuring that the solution does not tend to infinity. Understanding bounded solutions is crucial because they indicate that optimal solutions can be found within these constraints, which ultimately leads to feasible regions and impacts how objective functions are evaluated under given conditions.
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