Quadratic programming is a mathematical technique that allows for the optimization of a quadratic function in several variables. QP is a subset of Operations Research and is the next higher lever of sophistication than Linear Programming. It is a key mathematical tool in Portfolio Optimization and structural plasticity. This is useful in Civil Engineering as well as Statistics.
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Michael J. Best is Professor Emeritus in the Department of Combinatorics and Optimization at the University of Waterloo. He is only the second person to receive a B.Math degree from the University of Waterloo and holds a PhD from UC-Berkeley. Michael is also the author of Portfolio Optimzation, published by CRC Press.
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