👉 In mathematics, a minimization problem is a type of problem where the objective function involves a lower bound on its value. In other words, it seeks to find the minimum (or maximum) value of an objective function subject to constraints or bounds. For example, consider a scenario in which you are trying to minimize the cost function C = 2x + y^2 over the region bounded by the lines x = 1, y = -1 and y = 3. The objective is