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  2. Maximum and minimum - Wikipedia

    en.wikipedia.org/wiki/Maximum_and_minimum

    For example, x ∗ is a strict global maximum point if for all x in X with x ≠ x ∗, we have f(x ∗) > f(x), and x ∗ is a strict local maximum point if there exists some ε > 0 such that, for all x in X within distance ε of x ∗ with x ≠ x ∗, we have f(x ∗) > f(x). Note that a point is a strict global maximum point if and only if ...

  3. Local property - Wikipedia

    en.wikipedia.org/wiki/Local_property

    Perhaps the best-known example of the idea of locality lies in the concept of local minimum (or local maximum), which is a point in a function whose functional value is the smallest (resp., largest) within an immediate neighborhood of points. [1]

  4. Lagrange multiplier - Wikipedia

    en.wikipedia.org/wiki/Lagrange_multiplier

    For example, in economics the optimal profit to a player is calculated subject to a constrained space of actions, where a Lagrange multiplier is the change in the optimal value of the objective function (profit) due to the relaxation of a given constraint (e.g. through a change in income); in such a context is the marginal cost of the ...

  5. Calculus of variations - Wikipedia

    en.wikipedia.org/wiki/Calculus_of_Variations

    A simple example of such a problem is to find the curve of shortest length connecting two points. If there are no constraints, the solution is a straight line between the points. However, if the curve is constrained to lie on a surface in space, then the solution is less obvious, and possibly many solutions may exist.

  6. Maximal and minimal elements - Wikipedia

    en.wikipedia.org/wiki/Maximal_and_minimal_elements

    Example 3: In the fence < > < > < > …, all the are minimal and all are maximal, as shown in the image. Example 4: Let A be a set with at least two elements and let S = { { a } : a ∈ A } {\displaystyle S=\{\{a\}~:~a\in A\}} be the subset of the power set ℘ ( A ) {\displaystyle \wp (A)} consisting of singleton subsets , partially ordered by ...

  7. Greatest element and least element - Wikipedia

    en.wikipedia.org/wiki/Greatest_element_and_least...

    In a totally ordered set the maximal element and the greatest element coincide; and it is also called maximum; in the case of function values it is also called the absolute maximum, to avoid confusion with a local maximum. [1] The dual terms are minimum and absolute minimum. Together they are called the absolute extrema. Similar conclusions ...

  8. Fermat's theorem (stationary points) - Wikipedia

    en.wikipedia.org/wiki/Fermat's_theorem...

    Fermat's theorem gives only a necessary condition for extreme function values, as some stationary points are inflection points (not a maximum or minimum). The function's second derivative , if it exists, can sometimes be used to determine whether a stationary point is a maximum or minimum.

  9. Talk:Maximum and minimum - Wikipedia

    en.wikipedia.org/wiki/Talk:Maximum_and_minimum

    For example, for the identity function defined on the unit interval has a global and local maximum at x = 1. It is a local maximum, since the domain of the function is the unit interval, and for any x in the unit interval that is within some distance ε (say ε = 1 for concreteness) of 1, we have f(x) < f(1). I'll update the page to take this ...