[4] For example, 5 is a lower bound for the set S = {5, 8, 42, 34, 13934} (as a subset of the integers or of the real numbers, etc.Every finite subset of a non-empty totally ordered set has both upper and lower bounds.Given a function f with domain D and a preordered set (K, ≤) as codomain, an element y of K is an upper bound of f if y ≥ f(x) for each x in D. The upper bound is called sharp if equality holds for at least one value of x.The notion of lower bound for (sets of) functions is defined analogously, by replacing ≥ with ≤.An upper bound u of a subset S of a preordered set (K, ≤) is said to be an exact upper bound for S if every element of K that is strictly majorized by u is also majorized by some element of S. Exact upper bounds of reduced products of linear orders play an important role in PCF theory.