2 Sentences With "maximizations"

How to use maximizations in a sentence? Find typical usage patterns (collocations)/phrases/context for "maximizations" and check conjugation/comparative form for "maximizations". Mastering all the usages of "maximizations" from sentence examples published by news publications.

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The neoclassical model assumes a one-period utility maximization for a consumer and one-period profit maximization by a producer. The adjustment that occurs within that single time period is a subject of considerable debate within the field, and is often left unspecified. A time-series path in the neoclassical model is a series of these one-period utility maximizations. In contrast, a recursive model involves two or more periods, in which the consumer or producer trades off benefits and costs across the two time periods.
Optimization is the mathematical practice of finding the maximum or minimum values for a specific function. It has many real-world uses, and is a common practice for people of many different professions. Economists and businessmen use this to maximize profit and minimize cost, a builder may use this to minimize the amount of materials for a given square feet of area, and a farmer may use this to maximize crop output. Common maximizations are areas, volumes, and profits, and common minimizations are distances, times, and costs.