Linear Programming Techniques

Linear programming is a mathematical technique which permits determination of the best use of available resources.It is a valuable aid to management because it provides a systematic and efficient procedure which can be used as a guide in decision making. The heart of management’s responsibility is the best or optimum use of limited resources that include money, personnel, materials, facilities, and time.

Linear Programming Techniques-General Observations

Sana Ahmed Linear Programming Technique

Linear Programming Techniques-General Observations: The maximization and minimization studies, together with the exercises and presented in this section, are realistic examples of the types of problems management faces. By maximizing certain managerial objectives such as contribution margin and utilization of available labor hours or