False. An objective function is necessary for both maximization and minimization problems.
An objective function is an equation that represents the goal of an optimization problem. It is used to evaluate the performance of a certain set of decisions. Regardless of whether the goal is to maximize or minimize an outcome, the objective function is a necessary component of an optimization problem. In a maximization problem, the objective function is used to determine the highest possible output that can be achieved. In a minimization problem, the objective function is used to determine the lowest possible output that can be achieved. Therefore, an objective function is necessary for both maximization and minimization problems.
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