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Introduction to Linear Programs

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Presentation on theme: "Introduction to Linear Programs"— Presentation transcript:

1 Introduction to Linear Programs

2 Linear Program (LP) Minimize Z = 50x +54y Subject to: 3x + 2y  16
Objective Function Constraints

3 LP Objective Function Constraints Measures the solution Example
Maximize Profit Minimize Cost Constraints Limitations on solution Example Assembly line capacity Available worker hours

4 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

5 Linear Programming Problems
Also called Optimization Problems Minimize, Maximize something Find a solution that gives the best answer as measured by the objective function

6 LP Applications Financial Planning Network Routing
Production Scheduling Manufacturing Logistics Airline Scheduling Asset Management


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