Linear Program Flashcards
The technique was invented by American mathematicians
during the World War 2 to optimize shipping of necessary
resources
Linear Programming
From 1946 to 1947 ______________ independently
developed general linear programming formulation to use
for planning problems in the US Air Force
George B. Dantzig
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.
1.) Published
2.) Business
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
Linear programming
The LP problem is to determine the ___________ of a
linear function
1.) Optimal Value
define the limit or decision environment of the problem
Constraints
The term _______may mean maximizing profit or
minimizing cost in a specific context.
Optimal
the contribution of individual variables in the
objective function is proportional to their value
Proportionality
the decision variables can take on any real
numerical values within a specified ran
Divisibility
- the total value of the objective function and each
constraint is the sum of the individual contributions
from each variable.
Additivity
the parameters are known
Certainty
best used only for simple
LP models involving two or three variables.
Graphical Method
LP models involving several decision variables
Simplex Method