CHAPTER 1

LINEAR PROGRAMMING – FORMULATION

LINEAR PROGRAMMING

Linear programming is a powerful quantitative technique (or operational research technique) designs to solve allocation problem. The term 'linear programming' consists of the two words 'Linear' and 'Programming'.

The word 'Linear' is used to describe the relationship between decision variables which are directly proportional. For example, if doubling (or tripling) the production of a product will exactly double (or triple) the profit and required resources, then it is linear relationship.

The word 'programming' means planning of activities in a manner that achieves some 'optimal' result with available resources. A programme is 'optimal' if it maximises or minimises some measure or ...

Get Quantitative Techniques: Theory & Problems , 1st Edition by Pearson now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.