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constraint |
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Definition of constraintconstrainta restriction inhibiting the achievement of an objective
Related Terms:environmental constraintany limitation on strategy options non-negativity constrainta restriction in a linear programming theory of constraints (TOC)a method of analyzing the bottlenecks "Soft" Capital RationingCapital rationing that under certain circumstances can be violated or even viewed BONDPARA system that monitors and evaluates the performance of a fixed-income portfolio , as well as the capital rationinga condition that exists when there is an feasible regionthe graphical space contained within and on feasible solutiona solution to a linear programming problem imposed budgeta budget developed by top management Linear programmingTechnique for finding the maximum value of some equation subject to stated linear constraints. linear programminga method of mathematical programming used to solve a problem that involves an objective function and multiple limiting factors or constraints long-term variable cost a cost that was traditionally viewed as a fixed cost Mathematical programmingAn operations research technique that solves problems in which an optimal Restrictive covenantsProvisions that place constraints on the operations of borrowers, such as restrictions on simplex methodan iterative (sequential) algorithm used to solve multivariable, multiconstraint linear programming problems slack variablea variable used in a linear programming problem surplus variablea variable used in a linear programming problem that represents overachievement of a minimum requirement; it is associated with greater-than-or-equal-to constraints
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