Linear Programming Problems
Linear Programming Problems
BY : M.RANJINI
20E1607
B.COM (A&F) II – A.
WHAT IS LINEAR PROGRAMMING ?
▪ In Mathematics, LINEAR PROGRAMMING is a method of optimizing operations with
some constraints.
▪ The main objective of linear programming is to maximize or minimize the numerical value.
▪ It consists of linear functions which are subjected to the constraints in the form of linear
equations or in the form of inequalities.
▪ Linear programming is considered an important technique that is used to find the optimum
resource utilization.
▪ Linear Programming is widely used in Mathematics and some other fields such as economics,
business, telecommunication, and manufacturing fields.
▪ The main aim of the linear programming problem is to find the optimal solution.
LINEAR PROGRAMMING PROBLEMS
▪ Objective Function – An objective function is part of a linear programming optimization strategy, which finds the minimum or
maximum of a linear function.
▪ Decision Variables – The decision variable are the variables which will decide the output. It gives the ultimate solution of the problem.
For any problem, the first step is to identify the decision variables.
▪ Constraints – There are certain limitations on the use of limited resources called Constraints.
▪ Solution - A set of value of the decision variables that satisfy all constraints to the problem is called solution to the problem.
▪ Feasible solution - A set of value of the decision variables that satisfy all constraints to the problem and non negativity restrictions is
called feasible solution.
▪ Optimal solution – Any feasible solution which maximizes or minimizes the objective function is called Optimal solution
▪ Non-negativity – The variable value should be positive or zero. It should not be a negative value.
▪ Finiteness – There should be finite and infinite input and output numbers. In case, if the function has infinite factors, the optimal
solution is not feasible.
LINEAR PROGRAMMING APPLICATIONS
3. Linear programming techniques improve the quality of decisions. The decision-making approach of the
user of this technique becomes more objective and less subjective.
▪ The simplex method is one of the most popular methods to solve linear programming
problems.
▪ It is an iterative/relative process to get the feasible optimal solution.
▪ In this method, the value of the basic variable keeps transforming to obtain the
maximum value for the objective function.