So when I formulate a problem I am trying to solve for work, the above (please see attached figure) optimization framework results. I am not too familiar with optimization techniques (apart from linear and simple convex techniques). Can anybody tell me if this is problem has a solution, and if so, how I would go about acheiving it? Any references or leads would be appreciated as well.
As an engineer, I am interested in a numeric solution (I understand that this problem can have multiple solutions), but if this can be reduced to some analytical form to make it resemble some other standard optimization problem, I would be interested in that too.
Thanks a lot in advance for taking the time to read through this!