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Linear Programming

Part one 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 essence, it's a procedure for solving the problems in which there are more variables than simultaneous e ...

Part two of term paper
... built. A linear function called the object function is to be maximized or minimized in some sense, like optimzed. Most real world problems have many possible solutions. 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 restrict ...

Word count: 534 | Approximate pages: 2

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