This is a short summary of the paper
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Linear Programming
Start of Term Paper
is a nonstatistical mathematical technique whereby
the maximization or minimization of a linear expresion of variables, call
the objective function, is determined in the presence of known or assumed
restrictions, call constraint.
In esse .... Middle of Term Paper
... The purpose of optimization is to choose from among
many possible solutions the "best" possible solutions. Some example of
"best" are highest profit, lowest cost, largest sales, lowest production
time, etc.
The optimization of the objective functions take place in teh presence
of known or assumed restriction. The technical term constraints is used to
describe the restrictions present in linear programming problem. The
constraints are expressed mathemically as inequalities. In a practical
real-world situation, the constraints are generated by the presence of
limited resources or commodities such as capital manpower and raw material ... |
| Number of Words: 534 |
Approximate Pages: 2 |
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