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Maximization of a linear function be effective for a company

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Reference no: EM133469434

Discussion

Linear programming is a mathematical modeling technique in which a linear function is maximized or minimized when subjected to various constraints. Linear programming is often used when seeking the optimal solution to a problem, given a set of constraints. To find the optimum result, real-life problems are translated into mathematical models to conceptualize linear inequalities and their constraints better.

  • How can minimization and maximization of a linear function be effective for a company?
  • Using at least a business as a basis, show how this can help the company achieve its goal of profitability.

Reference no: EM133469434

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