Method for optimizing plant production in a cost effective manner. System (100) includes a processor (102) in communication with resource controllers (110, 112) for controlling resources (106, 108) such as, for example, lighting and carbon dioxide. Each resource has a cost that varies temporally or with other factors. The processor implements an algorithm that receives a desired plant production rate and other input, such as operating conditions of the system and environment, and determines amounts of each resource to expend consistent with plant production goals and resource costs.