What problems can be solved using linear programming?
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Linear programming can be used to solve problems where you want to find the best outcome given certain constraints, and the relationships between variables are linear. These problems often involve making decisions to optimize resources like time, money, materials, or energy. Like in Production Planning you want to decide how much of each product to manufacture to meet demand while minimizing production costs and respecting limits on resources.
Linear programming is a versatile optimization technique used to solve a wide array of problems across industries and sectors. It's employed for resource allocation, production planning, logistics, supply chain management, finance, network design, project management, marketing, environmental management, and more.
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