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Linear Programming Problems

The document discusses linear programming problems (LPP), including definitions of LPP, applications of LPP, advantages of using LPP, formulation of LPP, graphical and simplex solution methods, examples of maximization and minimization LPP, and applications of LPP in fields like agriculture, finance, industry, and transportation.

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Anagha P
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45 views11 pages

Linear Programming Problems

The document discusses linear programming problems (LPP), including definitions of LPP, applications of LPP, advantages of using LPP, formulation of LPP, graphical and simplex solution methods, examples of maximization and minimization LPP, and applications of LPP in fields like agriculture, finance, industry, and transportation.

Uploaded by

Anagha P
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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LINEAR

PROGRAMMING
PROBLEMS
(LPP)
Introduction
•Definition of Linear Programming Problems (LPP)
•Applications of LPP
•Advantages of using LPP

2
Formulation of
LPP
•Objective function

•Constraints

•Decision variables

•Feasible region

3
Graphical Solution Method

•Graphical representation of LPP


•Feasible region
•Optimal solution
Maximization LPP Example
Minimization LPP Example

6
Simplex Method
• An introduction to the simplex method: The
simplex method is an iterative procedure used to
find the optimal solution to an LPP. It starts with
an initial feasible solution and then uses a series
of pivoting steps to move towards the optimal
solution.
• Iterative steps of the simplex method
• Pivoting

7
Some Applications of LPP

Agriculture Finance Industry Transportation Portfolio


Optimize
investment
Optimize crop Optimize Optimize Optimize routes portfolios such as
yields and investment production and schedules stocks, to
minimize costs portfolios and processes maximize returns
manage risk while minimizing
risk

Presentation title 8
“
A more brief insight on LPP is given
in the below blog
Click on this link to open my blog on LPP
”
Conclusion
Hence we can understand that Linear Programming is a mathematical
optimization technique that can be used to solve complex problems. LPP
has a wide range of applications in fields such as business, finance,
engineering, and transportation. LPP is a powerful tool for decision-
making and can help organizations to optimize their resources, reduce
costs, and improve efficiency. However, it also has limitations and
challenges that must be carefully considered in practice. Overall, LPP is a
valuable tool for solving complex problems and making informed
decisions in various fields.

10
References

• https://www.teachoo.com/
• https://www.sarthaks.com/

THANK
YOU 11

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