"Linear Programming" Essays and Research Papers

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Linear Programming

RESEARCH PAPER ON LINEAR PROGRAMMING Vikas Vasam ID: 100-11-5919 Faculty: Prof. Dr Goran Trajkovski CMP 561: Algorithm Analysis VIRGINIA INTERNATIONAL UNIVERSITY Introduction: One of the section of mathematical programming is linear programming. Methods and linear programming models are widely used in the optimization of processes in all sectors of the economy: the development of the production program of the company...

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Linear Programming

The development of linear programming has been ranked among the most important scientific advances of the mid 20th century. Its impact since the 1950’s has been extraordinary. Today it is a standard tool used by some companies (around 56%) of even moderate size. Linear programming uses a mathematical model to describe the problem of concern. Linear programming involves the planning of activities to obtain an optimal result, i.e., a result that reaches the specified goal best (according to the mathematical...

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Linear Programming

LINEAR PROGRAMMING DATE; 5 JUNE, 14 UNIVERSITY OF CENTRAL PUNJAB INTRODUCTION TO LINEAR PROGRAMMING Linear programming (LP; also called linear optimization) is a method to achieve the best outcome (such as maximum profit or lowest cost) in a mathematical model whose requirements are represented by linear relationships. Linear programming is a special case of mathematical programming. It is a mathematical...

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Linear Programming Concept Paper

Linear Programming Concept Paper There are two types of linear programming: 1. Linear Programming- involves no more than 2 variables, linear programming problems can be structured to minimize costs as well as maximize profits. Due to the increasing complexity of business organizations, the role of the management executive as a decision maker is becoming more and more difficult. Linear programming is a useful technique to solve such problems. The necessary condition is that the data must be...

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Decision Modeling/Linear Programming

1. Discuss why and how you would use a liner programming model for a project of your choice, either from your own work or as a hypothetical situation. Be sure that you stae your situation first, before you develpp the LP model Linear programming is a modeling technique that is used to help managers make logical and informed decisions. All date and input factors are known with certainty. Linear program models are developed in three different steps: • Formulation • Solution • Interpretation ...

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The Navy Linear Programming Application

Linear Programming Application Transportation Problem The Navy has 9,000 pounds of material in Albany, Georgia that it wishes to ship to three installations: San Diego, Norfolk, and Pensacola. They require 4,000, 2,500, and 2,500 pounds, respectively. Government regulations require equal distribution of shipping among the three carriers. The shipping costs per pound for truck, railroad, and airplane transit are shown below. Formulate and solve a linear program to determine the shipping...

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Linear Programming and Capacity

outsourcing to keep up. Currently, we outsource only coarse and medium-sized yarn, but we believe that it would be more efficient to look at outsourcing all types. There are so many potential suppliers and constraints to consider that we constructed a linear programming model to identify our best option and check our solution's sensitivity to changes in our situation. We've analyzed our potential suppliers for each gauge, taking into account their capacity, cost of production for each plant, and transportation...

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Investment Strategy Linear Programming

optimal investment strategy that would allow J. D. Williams, Inc. to maximize the annual yield of an investment of $800,000 in a diversified portfolio of funds. To find the investment that would result in the greatest annual yield we have formulated a linear program that takes into account the requirements for the client of J. D. Williams, Inc. The requirements for the investment portfolio can be found on the section titled “Problem Description” The greatest annual yield that can be expected while...

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Assignment: Operations Research and Linear Programming

Q.1. What is a linear programming problem ? Discuss the steps and role of linear programming is solving management problems. Discuss and describe the role of liner programming in managerial decision-making bringing out limitations, if any. Ans : Linear Programming is a mathematical technique useful for allocation of scarce or limited resources to several competing activities on the basis of given criterion of optimality. The usefulness of linear programming as a tool for optimal decision-making...

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Linear Programming to Solve Coal Blending Problem

17th International Mining Congress and Exhibition of Turkey- IMCET 2001, © 2001, ISBN 975-395-417-4 Optimum Blending of Coal by Linear Programming for the Power Plant at Seyitömer Coal Mine K.Erarslan, H.Aykul, H.Akçakoca & N.Çetin Dumlupınar University, Department of Mining Engineering, 43100, Kütahya, Turkey ABSTRACT: In this study, a linear programming model is developed to determine the optimum coal blend in terms of quality and quantity. Coal with various features is mined from different...

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