Introduction to Linear Programming: Meaning, Importance, and Limitations

A generic linear programming problem is defined as follows:

Step 1 : Determining the decision variables.

Step 2 : Defining the objective function and deciding whether the function should be minimized or maximized.

Step 3 : Explaining the constraints.

Step 4 : Ensuring each decision variable is greater than or equal to 0 (Non-negative restraint).

Step 5 : Using either the simplex or graphical methods to solve the linear programming problem.

A linear programming problem must have linear functions for the decision variables, objective functions, and constraints. The linear program is defined as one that satisfies all three conditions.

Importance of Linear Programming

Some of the advantages of linear programming problems are,

  1. A linear program can provide insight into a business problem and helps solve multidimensional problems.
  2. Linear programming techniques provide practical solutions for problems having operating constraints.
  3. A linear programming technique improves the quality of decisions by calculating the cost and profit of different things. The user’s approach to decision-making becomes more objective with this technique.
  4. It helps in maximizing the use of productive resources through linear programming.
  5. This technique is most useful for highlighting bottlenecks in production processes.
  6. As conditions change, linear programming also helps re-evaluate a basic plan.

Applications of Linear Programming

Linear Programming is widely used in all fields, including agriculture, engineering, manufacturing, energy, logistical, and supply chain activities.

Limitations of Linear Programming

By using this technique, we can reduce or maximize a linear function subject to multiple constraints. In addition to several business planning applications, this technique can direct quantitative judgments in industrial engineering and, to a lesser extent, in social and physical sciences.

With Jigsaw Academy, one can access the most comprehensive interactive learning programs across emerging technologies in the industry. Unext Jigsaw offers the best data science courses online . It has a Post Graduate certificate program in Data Science and Machine Learning as well as a certificate program in Data Science and Business Analytics .

data science and machine learning data science career data science certification Data Science online course Data Science online learning