| Line 2: | Line 2: | ||
| + | A: Linear Programming is mathematical model that is used to optimize a linear objective function. An example of how this type of optimization is used for is Microeconomics. It is used to maximize profit while minimizing resources used and cost. This allows companies to use a broad overview of a economic situation to best find a profitable solution. | ||
| + | Max Kagan | ||
[[Category:MA265Spring2010Walther]] | [[Category:MA265Spring2010Walther]] | ||
Revision as of 15:37, 10 February 2010
Find out what "linear programming is" and discuss one problem that "linear programming" is capable of solving.
A: Linear Programming is mathematical model that is used to optimize a linear objective function. An example of how this type of optimization is used for is Microeconomics. It is used to maximize profit while minimizing resources used and cost. This allows companies to use a broad overview of a economic situation to best find a profitable solution.
Max Kagan
