O'Reilly logo

Operations Management: Processes and Supply Chains, 12th Edition by Larry P. Ritzman, Manoj K. Malhotra, Lee J. Krajewski

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Characteristics of Linear Programming Models

Before we can demonstrate how to solve problems in operations and supply chain management with linear programming, we must first explain seven characteristics of all linear programming models: (1) objective function, (2) decision variables, (3) constraints, (4) feasible region, (5) parameters, (6) linearity, and (7) nonnegativity.

Objective Function

Linear programming is an optimization process. A single objective function states mathematically what is being maximized (e.g., profit or present value) or minimized (e.g., cost or scrap). The objective function provides the scorecard on which the attractiveness of different solutions is judged.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required