Linear programming is very common decision tool

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Linear programming is very common decision tool used by organizations for a variety of purposes including planning business operations, portfolio optimization, and workforce planning.

Give business examples on how linear programming models are being used or might be used to help solve problems. Remember to briefly describe the problem, identify the decision variables, discuss what factors would be included in the objective function, give a list of what constraints might be important to consider, discuss how values for coefficients might be obtained or estimated, and how the results are being, or might be, used.

Reference no: EM131375909

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