Mathematical Formulation of Linear Programming Problems
There are mainly four steps in the mathematical formulation of linear programming problem as a mathematical model. We will discuss formulation of those problems which involve only two variables. Identify the decision variables and assign symbols x and y to them. These decision v..
Basic Concept of Linear Programming Problem
Objective Function: The Objective Function is a linear function of variables which is to be optimised i.e., maximised or minimised. e.g., profit function, cost function etc. The objective function may be expressed as a linear expression. Constraints: A linea..
Graphical Method of Solution of a Linear Programming Problem
So far we have learnt how to construct a mathematical model for a linear programming problem. If we can find the values of the decision variables x 1 , x 2 , x 3 , ..... x n , which can optimise (maximize or minimize) the objective function Z, then we say that these values of x ..
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