Question

Goal of L.P.P. is to find optimum value of……..


Variables

Linear constraints

Objective function

Non-Linear Constraints​

Answer 1

Goal of L.P.P. is to find optimum value of……..

Variables

Linear constraints

Objective function

Non-Linear Constraints

Answer: Elements of a Linear Programming Problem (LPP)

Linear programming is viewed as a revolutionary development giving man the ability to state general objectives and to find, by means of the simplex method, optimal policy decisions for a broad class of practical decision problems of great complexity. In the real world, planning tends to be ad hoc because of the many special-interest groups with their multiple objectives. ~George Dantzig

The LPP technique was first introduced in 1930 by Russian mathematician Leonid Kantorovich in the field of manufacturing schedules and by American economist Wassily Leontief in the field of economics. After a decade during World War II, these techniques were heavily adopted to solve problems related to transportation, scheduling, allocation of resources, etc. In 1950, the first simplex method algorithm for LPP was created by American mathematician George Dantzig.