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Linear Programming

Linear programming is a mathematical technique for allocating scarce or limited resources to competing activities based on optimality criteria. It involves decision variables, an objective function to maximize or minimize, constraints involving inequalities, and non-negativity conditions. Key assumptions are proportionality, additivity, continuity, certainty, and finite choices. Graphic solutions involve plotting constraints to find optimal corner point solutions.

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Tulasiram Kandula
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36 views

Linear Programming

Linear programming is a mathematical technique for allocating scarce or limited resources to competing activities based on optimality criteria. It involves decision variables, an objective function to maximize or minimize, constraints involving inequalities, and non-negativity conditions. Key assumptions are proportionality, additivity, continuity, certainty, and finite choices. Graphic solutions involve plotting constraints to find optimal corner point solutions.

Uploaded by

Tulasiram Kandula
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Linear programming is a

mathematical technique useful


for allocation of ‘scarce’ or
‘limited’ resources, to
several competing activities on
the basis of a given criterion of
optimality.
The word ‘linear’ refers to
linear relationship among
variables in a model. That is, a
change in one variable
causes a resulting proportional
change in other variable. The
word ‘programming’ refers to
the solution of a
problem that involves the
economic allocation of limited
resources, by choosing a
particular course of action
or strategy among various
alternative strategies in order
to achieve a desired objective.
Linear programming is a mathematical technique useful for allocation of ‘scarce’ or ‘limited’
resources, to several competing activities on the basis of a given criterion of optimality. The word
‘linear’ refers to linear relationship among variables in a model. That is, a change in one variable
causes a resulting proportional change in other variable. The word ‘programming’ refers to the
solution of a problem that involves the economic allocation of limited resources, by choosing a
particular course of action or strategy among various alternative strategies in order to achieve a
desired objective.

Components of an LPP

• Decision Variables

• Objective Function

To maximize or minimize

• Constraints

Involving ≤, =, or ≥ sign

• Non-negativity Condition

Variables to be non-negative

Assumptions underlying
Linear Programming
 Proportionality
 Additivity
 Continuity
 Certainty
 Finite Choices
Assumptions underlying
Linear Programming
 Proportionality
 Additivity
 Continuity
 Certainty
 Finite Choices
 Assumptions underlying Linear Programming

Proportionality

Additivity

Continuity

Certainty

Finite Choices

Graphic Solution to LPPs

Plot constraints
Mark feasible region which should be a convex set

Evaluate corner points/use iso-profit or iso-cost lines to get optimal solution

Redundant constraints

Binding constraints

Non-binding constraints

Solutions to LPPs

• Unique Optimal Solution

• Multiple Optimal Solutions

• Infeasibility: No feasible solution

• Unbounded Solution

Advantages of Linear Programming

• Linear programming helps in attaining the optimum use of productive resources. It also indicates
the use of productive factors effectively by selecting and distributing (allocating) these resources.

• Linear programming technique improves the quality of decisions. In other words, decision-making
approach becomes more objective and less subjective.

• Linear programming technique provides possible and practical solutions by taking into account the
constraints operating outside the problem.

•Linear programming also helps in re-evaluation of the outcome due to a course of action
under changing conditions. This helps to adjust the remainder of the decision process for best
results.

Limitations of Linear Programming

Linear programming treats all relationships among decision variables as linear. However, in real life
neither the objective function nor the constraints concerning business and industrial problems are
linearly related to the variables.

• While solving an LP model, there is no guarantee to get an integer valued solution. Rounding off
the solution to the nearest integer will not yield an optimal solution. In such cases, integer
programming issued to ensure integer value to the decision variables.

• Linear programming model does not take into consideration the effect of time and uncertainty.

• Parameters of LP model are assumed to be constant but in real-life situations, they are neither
known nor constant.

• A LP model has single objective function, whereas in real-life situations we may come
across conflicting multi-objective problems. In such cases, a goal programming model is
used to get satisfactory value of such objectives.

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