Question

Explain the role of lpp in business decision making with suitable examples..

Answer 1

LPP (Linear Programming problems) provides helpful methods of determining optimized function with or without values.

Explanation:

• It helps to optimize the required functions.
• It is one of the most essential Operations Research Tools.  
• It is extensively sued in the decision-making aid in all the fields.  
• The applications of LPP are widely used in areas of Computer Science, Mathematics, and Economics.

Learn more about LPP here:

Advantages of linear programming in operations research

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Answer 2

Answer:

Explain the role of lpp in business decision making with suitable examples