Jul-01-2019, 09:35 AM
Linear Programming, also sometimes called linear optimisation, involves maximising or minimising a linear objective function, subject to a set of linear inequality or equality constraints.
It has great applications in the field of operations management but can be used to solve a range of problems.
Leonard Kantrovich was awarded the 1975 Nobel Price in Economics for the optimal allocation of resources using linear programming.
It has great applications in the field of operations management but can be used to solve a range of problems.
Leonard Kantrovich was awarded the 1975 Nobel Price in Economics for the optimal allocation of resources using linear programming.