A Method For Determining Maximums and Minimums by Patricia Crocker Mathematics and Science Center
A Method For Determining Maximums and Minimums by Patricia Crocker Mathematics and Science Center
History
George Dantzig developed its foundational concepts between 1947-1949. During WWII he worked on proposed schedules of training, logistics supply, and deployment.
See Chelst, Kenneth and Edwards, Tom in bibliography
First to express the criterion for selecting a good or best plan as an explicit mathematical function, now called an objective function.
Developed the simplex algorithm that finds the optimal solution for a set of linear inequalities.
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Secondary operations
Sorting, packaging, and labeling
Problem
Model was used to plan the equipment changeover for different locations to convert to slug packaging.
County officials used linear programming to aid farmers in their choices of crops. They wished to increase profit while protecting the environment Problem had over 3000 variables and 100 constraints
Wheat
Rice
Nongmuyu ye bu waishi si and Zhongguo nongxue hui, ed., Zhongguo nongye, (Beijing: Nongye chuban she, 1983), p.100.
Using the model led to 12% increase in crop profits and a 54% increase in animal husbandry profits. It improved the regions ecology and diversified the economy.
Decision Variables
Represent the quantities that a manager can change
Objective Function
The equation that represents the goal of either maximizing profit or minimizing cost
Constraints
Limitations created by scarce resources (time, equipment, etc.) Expressed algebraically by inequalities
Feasible Region
Area containing all the points that satisfy the constraints All possible solutions to the problem lie in the feasible region or on the boundary.
Corner Principle
The optimal solution will always lie on a corner of the feasible region.