Mathematical Programming is a branch of mathematics focused on optimizing a specific outcome, such as maximizing profits or minimizing costs, subject to certain constraints. It involves formulating problems in a structured way, often using equations and inequalities to represent relationships between variables.
This field encompasses various techniques, including Linear Programming, Integer Programming, and Nonlinear Programming. These methods are widely used in industries like finance, logistics, and manufacturing to make informed decisions based on quantitative analysis. By applying mathematical models, organizations can efficiently allocate resources and improve overall performance.