How can Linear Programming be used to solve real-life business or production problems?
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LP can determine the best use of limited resources, such as labor, materials, and budget, to maximize profit or minimize cost while meeting constraints.
Linear Programming helps businesses decide what to produce, how much to produce, and how to use their limited resources efficiently.
Linear Programming can help businesses make the best use of limited resources such as time, workers, materials, and money. For example, a business can use it to decide how many products to make to maximize profit while staying within its available resources.
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