Format: MS WORD | Chapter: 1-5 | Pages: 65-80 | Price NGN3,000
USES OF LINEAR PROGRAMMING MODEL IN RAW MATERIAL, RESOURCES ALLOCATION IN MANUFACTURING INDUSTRY
1.1 Background of the Study
Linear programming is a family of mathematical programming that is concerned with or useful allocation of scarce or limited resources to several competing activities on the basis of given criterion of optimality. In statistics, linear programming (LP) is a special technique employed in operation research for the purpose of optimization of linear function subject to linear equality and inequality constraint. Linear programming determines the way to achieve best outcome, such as maximum profit or minimum cost in a given mathematical model and given some list of requirements as a linear equation. The technique of linear programming is used in a wide range as applications, including agriculture, industry, transportation, economics, health system, behavioural and social science and the military. Although many business organizations see linear programming as a “new science” or
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