Linear Programming Problem (LPP)
Linear Programming Problem (LPP)
Problem(LPP)
Linear Programming
Problem
A mathematical modeling technique.
Method to achieve the best outcome (maximum profit/minimum cost) in a
mathematical model whose requirements are represented by linear relationships.
Deals with optimum allocation of limited resources.
A Linear Programming Problem consists of the following components :
-A set of decision variables
-An objective function
-A set of constraints
How does an LPP look like?
An example…
Max Z = 25x1 + 35x2 (Objective function)
Subject to
10x1 + 15x2 ≤ 80
8x1 + 10x2 ≤ 60
(Structural constraints)
x1, x2 ≥ 0
Proportionality
Additivity
LPP- Divisibility
Assumptions
Certainty
Solution, Feasible solution and Optimal
solution of a Linear Programming Problem ?
Solution- Set of values of decision variables
that satisfy structural constraints is called
solution of an LPP.