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    Exam 9: Nonlinear Optimization Models
  5. Question
    Necessary and Sufficient Conditions for the Existence of a Local
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Necessary and Sufficient Conditions for the Existence of a Local

Question 5

Question 5

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Necessary and sufficient conditions for the existence of a local maximum in a single- variable, unconstrained, nonlinear optimization problem are that the first derivative be 0 at a point and the second derivative be negative at the same point.

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