maximization
noun
- style of decision-making characterized by seeking the best option through an exhaustive search through alternatives
- make the most
Wiktionary
noun
Etymology: Etymology tree English maximize Proto-Indo-European *-tis Proto-Indo-European *-Hō Proto-Indo-European *-tiHō Proto-Italic *-tiō Latin -tiō Latin -ātiōlbor. Old French -ationbor. Middle English -acioun English -ation English maximization From maximize + -ation.
- 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.”
- The process of finding the maximum value of a function.