maximization Definition
the act of making something as great in amount, size, or importance as possible.
Using maximization: Examples
Take a moment to familiarize yourself with how "maximization" can be used in various situations through the following examples!
Example
The company's goal is the maximization of profits.
Example
The maximization of efficiency is a key objective for this project.
Example
The maximization of resources is essential for the success of the program.
maximization Synonyms and Antonyms
Synonyms for maximization
Phrases with maximization
the process of obtaining the highest possible level of satisfaction from a given set of resources
Example
Utility maximization is a fundamental concept in economics.
the process of increasing profits to the highest possible level
Example
Profit maximization is often the main goal of businesses.
the process of using resources to their fullest potential
Example
Resource maximization is important for sustainable development.
Summary: maximization in Brief
Maximization [ˌmæksɪməˈzeɪʃən] refers to the act of making something as great in amount, size, or importance as possible. It is often used in business and economics, such as 'The company's goal is the maximization of profits.' Other examples include 'utility maximization,' 'profit maximization,' and 'resource maximization.'
