Thanks HallsofIvy. So let me get this correctly...for the above optimization, we just take derivative of the objective function? How do we incorporate the constraint in that case?
In my case derivation of the objective function yields e^(βx)-βx=1-(βA)/B. And then considering 1/β is large, I...
How to minimize the following:
{(A+Bx)/(1-e^(-βx))}-(B/β)
Subject to : x/(1-e^(-βx)))- (1/β)≤ T
I need the find the value of x. All A,B,T and β are constants. The numerator is linear. I don't know if the equation remains linear when the denominator is added. When plotted, the equation is a...