maksverdier
Maksverdier (plural of maksverdi) is a term used in Norwegian mathematics to denote the largest value that a quantity can attain within a given domain. In English, the corresponding concept is maximum values or maxima. A maksverdi exists for a set S if there is an element m in S such that m is greater than or equal to every element of S; in that case m is called the maximum of S. When no such element exists, one may still have upper bounds, and the least upper bound is called the supremum (or least upper bound); the supremum may lie outside the set S.
Formally, let S be a subset of a partially ordered set with ≤. The maximum of S is
Examples help illustrate: the finite set {2, 5, 7, 3} has maximum 7. The closed interval [0,
Applications of maksverdier occur in optimization, data analysis, economics, and decision theory, wherever it is necessary