May 2018
Beginner to intermediate
364 pages
7h 43m
English
LPP stands for Linear Programming Problem or linear optimization problem. It is a method of reaching the best (optimal) outcome, such as the maximum expected portfolio return for a given risk level, in a mathematical model whose requirements are represented by linear relationships. LPP has the following standard form:

Where CTX is our objective function, Ax≤b is a set of constraints, and x≥0 is another set of constraints. For the constraints, we can have many different formats.
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