To position an economic entity such that it functions as well as possible given constraints that it might be subject to. In economic theory, it is generally assumed that all economic agents are rational and show optimizing behavior, although this is rarely the case in reality.

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You should do your best to optimize the speed of your workers so that you are getting the most out of them.

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We had to optimize our growth in this learning lab and not take anything for granted, because that would not be good.

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We have been able to optimize the utilization of floor space within our production facility through more effective placement of machinery and equipment.

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controlled disbursement Conference of State Bank Supervisors (CSBS)