Blog entry by Antonia Oguntubi
Anyone in the world
Linear Programming is a mathematical technique to allocate limited resources in a programmed manner.
Assumptions in LP
- Resources are Limited
- Objective function is optimized i.e. profit maximization, cost minimization
- The relationship between objective function and constraints is linear
- Availability of Data
- There are non-negativity constraints
For LP it is always important to write the formula, analyze and inteprete.
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