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how to code this type of objective function (optimization)

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Ashlee Julienne Sigua
Ashlee Julienne Sigua el 25 de Oct. de 2023
Editada: Torsten el 25 de Oct. de 2023
Right now, i am figuring out how could i code this type of mathematical formulation. it is finding the balance between the two objectives where they achieved by maximizing the least desirable value to avoid the optimization of one objective and sacrificing the other. Still think how could i code this. Thank you !

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Torsten
Torsten el 25 de Oct. de 2023
Editada: Torsten el 25 de Oct. de 2023
Use "fminimax" and read the documentation on how to apply the software also for maximizing the minimum instead of minimizing the maximum:

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