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The selection of a best element from some set of available alternatives. Typically consists of maximizing or minimizing a real function by systematically choosing input values from within an allowed set and computing the value of the function.
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Weighting with restrictions, but no clear objective function?
I have 40 shares in an index and I want to weight them based on their market value, define the known value as $x_i$
In the traditional way, the weight of each share is calculated as:
$w_i = x_i / \s …