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The current model has a 'minimum' spending level and sets up the constraints so that every year has at least that much money to spend. The model maximizes that min spending level.
But this leaves a lot of decisions unconstrained as we probably only have some years that are critical for that min level and other years where the spending options don't matter as much. We should add a secondary constraint that the model minimizes the amount of taxes paid.
Like max: spending + total_tax / years / 10
Or perhaps maximizing the money left at the end will do the same thing...
The text was updated successfully, but these errors were encountered:
The current model has a 'minimum' spending level and sets up the constraints so that every year has at least that much money to spend. The model maximizes that min spending level.
But this leaves a lot of decisions unconstrained as we probably only have some years that are critical for that min level and other years where the spending options don't matter as much. We should add a secondary constraint that the model minimizes the amount of taxes paid.
Like max: spending + total_tax / years / 10
Or perhaps maximizing the money left at the end will do the same thing...
The text was updated successfully, but these errors were encountered: