July 2025
Beginner to intermediate
448 pages
15h 1m
English
Content preview from Statistics Every Programmer Needs
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8 Transforming data into decisions with linear programming
This chapter covers
- Linear programming
- Constrained optimization
- Objective functions
- Inequality and other constraints
In today’s competitive business environment, managers and decision-makers are constantly challenged to make the most of limited resources. These resources can include time, money, labor, materials, and more. The goal is to maximize efficiency, profitability, or output, or, alternatively, to minimize costs, waste, or time. Achieving this requires careful planning and precise execution. One of the most effective tools for this purpose is linear programming.
Linear programming is a powerful mathematical approach to solving a specific type of constrained optimization ...
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