linear programming explaination
Linear programming: Linear programming is a fundamental optimization technique that been used from many years in science and math fields. Linear programming is a way of achieving the best outcome, such as maximum profit or minimum cost, using a mathematical model represented by linear relationships. Importance of Linear programming Most business problems don't have straightforward solutions. Decision making requires leaders to consider many variables and constraints, and this makes manual solutions difficult to achieve. Linear programming software helps leaders solve complex problems quickly and easily by providing an optimal solution. Importance in recent years due to its application in coding and Artificial Intelligence (AI), and as a form of linear regression in data scienc e. Application of linear programming: Manufacturing : Mainly faced by production companies, this type of problem involves solving for making the maximum profit or minimum cost given various cons...