Linear Programming model overview- including decision variables, objective functions & constraints скачать в хорошем качестве

Linear Programming model overview- including decision variables, objective functions & constraints

Linear Programming is an optimization model. It is a mathematical technique designed to help operations managers plan & make decisions necessary to allocate and optimize resources. This video covers the four essential functions of Linear Programming (Limited Resources, An explicit objective, Linearity, and Homogeneity). We will discuss the components of a Linear Programming model including decision variables, the objective function, and constraints. We will conclude with how to formulate and solve for the model. Content derived from from the Textbook "Operations Management, Sustainability and Supply Chain" 13th edition by Jay Heizer, Barry Render and Chuck Munson. Module B on Linear Programming. At www.operationsuniversity.org you can get Free copies of this Slide Deck and other Chapter Outlines. Practice Problems & Homework Support (step by step guides how to complete the quantitative questions + MS Excel templates) are available for a small fee. For membership options on joining the Operations & Supply Chain University community and details on how to get exclusive perks & free products, click the link below:    / @operationsandsupplychain