ML, Optimisation, Convex Optimization, Price Optimization.
as below: F(x,y) = x2 + xy + y2. Convex Function (source) 1. Data Generation In order to look at how optimisation works, I am generating a toy data set, which consists of sale’s price, volume and cost. Let’s set the objective of the data set is to find a price that would maximise the total profit.