What are lamda(k+m) - i.e. associated with equality constraints?
These multipliers are unrestricted in sign in constrained optimality.
What is 3 pt quadratic approximation?
A 1D search method used to simplify the objective function into a quadratic function.
What is a local min, local max, or inflection point?
The three possible outcomes of the necessary condition.
What is a value function?
This type of function captures a true preference compared to a performance-based objective function.
What is unconstrained minimization?
Finding the minimum in the absence of limitations.