Linear Programming

Posted in Operations and Supply Chain Terms, Total Reads: 2181
Advertisements

Definition: Linear Programming

Linear programming is a mathematical tool that is used to obtain a certain maximum or minimum level of a desired output which has certain constraints over it.
The programming would contain a series of pre-defined conditions with a constraint.

To remove complexity the input or output are named as variables X or Y.

eg.        X< 100, Y<50
            WE REQUIRE

             MAX (X+Y)         

SO max of X is 99 and max of Y is 49, hence the answer is  148.


As the problems get bigger and complex we make use of graphs and look for the feasible region.

 

Browse the definition and meaning of more terms similar to Linear Programming. The Management Dictionary covers over 7000 business concepts from 6 categories.

Search & Explore : Management Dictionary



Share this Page on: