Linear Program Flashcards

1
Q

The technique was invented by American mathematicians
during the World War 2 to optimize shipping of necessary
resources

A

Linear Programming

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2
Q

From 1946 to 1947 ______________ independently
developed general linear programming formulation to use
for planning problems in the US Air Force

A

George B. Dantzig

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3
Q

It was after the war before linear programming was
_________(for the fear of Americans that other countries
might take advantage of their method). Now linear
programming is mainly being used for _________model.

A

1.) Published
2.) Business

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4
Q

a method for solving problems
in which a quantity is to be maximized or minimized
when the quantity is subject to various restrictions or
constraints

A

Linear programming

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5
Q

The LP problem is to determine the ___________ of a
linear function

A

1.) Optimal Value

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6
Q

define the limit or decision environment of the problem

A

Constraints

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7
Q

The term _______may mean maximizing profit or
minimizing cost in a specific context.

A

Optimal

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8
Q

the contribution of individual variables in the
objective function is proportional to their value

A

Proportionality

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9
Q

the decision variables can take on any real
numerical values within a specified ran

A

Divisibility

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9
Q
  • the total value of the objective function and each
    constraint is the sum of the individual contributions
    from each variable.
A

Additivity

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10
Q

the parameters are known

A

Certainty

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11
Q

best used only for simple
LP models involving two or three variables.

A

Graphical Method

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12
Q

LP models involving several decision variables

A

Simplex Method

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13
Q
A
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14
Q
A
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15
Q
A
16
Q
A
17
Q
A