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optimum (n.)

1879, from Latin optimum, neuter singular of optimus "best, very good" (used as a superlative of bonus "good"), perhaps (Watkins) related to ops "power, resources" (in which case the evolution is from "richest" to "the most esteemed," thus from PIE root *op- "to work, produce in abundance"); or perhaps it is related to ob "in front of" (de Vaan), with superlative suffix *-tumos.

In English the word was used originally in biology, in reference to "conditions most favorable" (for growth, metabolic processes, etc.). As an adjective, "best or most favorable," from 1885.

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Definitions of optimum from WordNet
1
optimum (n.)
most favorable conditions or greatest degree or amount possible under given circumstances;
2
optimum (adj.)
most desirable possible under a restriction expressed or implied;
an optimum return on capital
Synonyms: optimal
From wordnet.princeton.edu