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Introduction to Linear Programs

Introduction to Linear Programs. Linear Program (LP). Objective Function. Constraints. Objective Function Measures the solution Example Maximize Profit Minimize Cost. Constraints Limitations on solution Example Assembly line capacity Available worker hours. LP.

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Introduction to Linear Programs

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  1. Introduction to Linear Programs

  2. Linear Program (LP) Objective Function Constraints

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

  4. LP vs. System of Equations -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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