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By contrast another strategy leads us to focus on the most advantaged position and says we should "maximize the maximum" potential gain—"maximax"—and choose the alternative whose best outcome leaves us better off than all other alternatives.
Nevertheless, the dual function, defined in (11), provides an upper bound to the primal which implies that even if the algorithm fails to converge in some scenarios, the maximum potential gain of an unknown optimal solution over the best known schedule is always obtained.
This study presents a maximum potential gain following optimal pollination but this maximum may not be achievable through management of pollinators alone.
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The investor may enjoy maximum potential gains of 9.22% on the position if shares exceed $45.00 and the underlying shares are called from him ahead of expiration in June.
The parameters of the buy-write transaction dictate maximum potential gains of 16.25% for the investor should the January 2011 $40 strike call options land in-the-money at expiration.
The methodology is able to generate separate estimates for the two costs, c ^ and s ^, as a proportion of the maximum potential gains available from search,.
It is calculated by determining the ratio of percentage of raw gain versus the percentage of maximum possible gain.
He writes, "Only by spreading the terror and outrage to a much larger audience can the terrorists gain the maximum potential leverage that they need to effect fundamental political change".
It can be calculated from Figs. 5, 6 and 7 that the maximum values of potential gains were 81% greater when the model was performed on a daily basis.
The trader stands ready to accumulate maximum potential profits of $1.70 per contract for total gains of $1.7 million–should Ford's share price jump more than 24.3% from the current price to surpass $16 ahead of expiration day in May.
The trader is poised to amass maximum potential profits of $2.23 per contract or total gains of $33.45 million if Ford's shares trade at any price above $15.00 by expiration day in September.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com