1. A quantity or function that is to be maximized in an optimization problem.
Usage: technical; mathematics and economics

Examples

• In linear programming, the maximand is the objective function we want to increase.
• The company's profit is the maximand in this business optimization model.
• The maximand represents the goal we are trying to achieve in the optimization problem.
• Economists often use utility as the maximand when studying consumer behavior.
• The algorithm adjusts variables to increase the value of the maximand.