Linear Programming Applications
Summary :Linear programming applications covering introduction to LP (allocation of limited resources, linear functions), terminology (cost/profit coefficients, technological coefficients, resource coefficients, decision variables), transportation problem, marketing research problem, model example (TechEdge Company PC manufacturing, LP formulation, graphical solution method, corner point analysis, optimal solution determination), important terms (constraint boundary, corner-point solutions, feasible solution, infeasible solution, feasible region, CPF solution, adjacent solutions).