Week 3 - Linear Programming Flashcards
What is Linear Programming?
An optimisation technique used by businesses to make business decisions.
When does linear programming apply to problems?
- Objectives and constraints are linear.
- Variables are continuous.
- Deterministic problem (no randomness).
What are the 3 steps to completing a Linear Programme for 2 variables?
- Define the variables (Standard desks and Compact desks).
- Write the objective in terms of variables. (Maximise profit: £20s+£10c).
- Write the constraints in terms of the variables. (Assembly = 4hourss+3hoursc) (Finishing = 8hourss+2c)
What is the process for plotting constrain lines on a graph?
- Plot the constraint when one of the variables is equal to 0.
- Plot the other constraint when the other variable is equal to 0.
- Draw line between points.
How do you find the gradient of a line from the constraint function?
Assembly:
4s+3c = 120
= -4/3
What makes a constraint binding?
A constraint is binding if the optimal solution lies on the constraint line.
A binding constraint is a variable that is used up completely with no room to spare.
The constraint has been completely used up.
What makes a constraint non-binding?
A constraint is non-binding if the optimal solution does not lie on the constraint line.
- Not all of it has been used up.
- Doesn’t impact upon the production limit.
What does ‘P.E.R.T’ stand for?
Program Evaluation and Review Techniques