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Introduction to Linear Programs
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Linear Program (LP) Minimize Z = 50x +54y Subject to: 3x + 2y 16
Objective Function Constraints
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LP Objective Function Constraints Measures the solution Example
Maximize Profit Minimize Cost Constraints Limitations on solution Example Assembly line capacity Available worker hours
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LP vs. System of Equations
Minimize Z = 50x +54y Subject to: 3x + 2y 16 x + y 8 x 0 y 0 -3x + y = -2 x + y = 10
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Linear Programming Problems
Also called Optimization Problems Minimize, Maximize something Find a solution that gives the best answer as measured by the objective function
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LP Applications Financial Planning Network Routing
Production Scheduling Manufacturing Logistics Airline Scheduling Asset Management
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