Value function

id: value-function-305-5840562
title: Value function
text: The value function of an optimization problem gives the value attained by the objective function at a solution, while only depending on the parameters of the problem. In a controlled dynamical system, the value function represents the optimal payoff of the system over the interval [t, t1] when started at the time-t state variable x(t)=x. If the objective function represents some cost that is to be minimized, the value function can be interpreted as the cost to finish the optimal program, and is
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category slug: encyclopedia
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original url: https://en.wikipedia.org/wiki/Value_function
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date modified: 2023-07-31T18:14:23Z
main entity: {"identifier":"Q65929180","url":"https://www.wikidata.org/entity/Q65929180"}
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