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We're really bad at business, so we do our annual fund-raising campaign, but we never think about optimizing income.
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Capitalism operates under the assumption that "the invisible hand" optimizes income distribution and also that humans act rationally, however, both assumptions have long since been disproven.
As sale of milk gives a regular income, farmers try to optimize their income sources and manage risks through goat husbandry.
Thereafter, outputs from crop models serve as input for bio-economic farm models (FSSIM or MODAM) to estimate production costs and farm income by optimizing resource allocation planning for step 2. In addition, outputs from crop models are used as inputs for macro-economic models (GTAP, MAGNET or MagPie) by adjusting supply functions and environmental impacts within steps 3, 4, and 5.
Young men however, with a small flock (<15 goats) and little land of low crop production potential were relatively eager to migrate. Figure 4 shows that households engaged in a range of activities to optimize their cash income, food self-sufficiency and risk management.
This post is targeted at people with mid-income, struggling with optimizing their saving and spending habits, rather than those crumbled under the weight of student loans or crippling credit card debt.
The nonprofit was generating earned income, but we were not optimizing our efforts to create value through that type of transaction.
Low and middle-income countries suffer an ongoing deficit of trained public health workers, yet optimizing postgraduate education to best address these training needs remains a challenge.
I also have a weird obsession with optimizing things.
Nature has a way of optimizing its teams, too.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com