Question

Linear programming model which involves funds allocation of limited investment is classified as

Answer 1

Onion is tasty or no?

Answer 2

Answer:

Concept:

Operation optimization with restrictions is done using linear programming. Maximize or reduce the numerical value is the basic goal of linear programming. It is made up of linear functions that are subject to restrictions in the form of inequalities or linear equations. Among the primary methods used to determine the best resource use is linear programming. The terms "linear programming" and "programming" are combined to form the phrase. The link between numerous variables of degree one is described by the word "linear." Programming is the term used to describe the method of choosing the best option from a range of possibilities.

Explanation:

• In capital budgeting, initiatives that improve a business are chosen. Almost everything, including the acquisition of land or the purchase of fixed assets like a new vehicle or machinery, can be included in the capital budgeting process.
• Businesses are often compelled—or at the very least encouraged—to invest in initiatives that will boost their profitability and, in turn, the wealth of their shareholders.
• However, in addition to project- and company-specific considerations, other factors can affect the rate of return that is regarded acceptable or unsatisfactory.
• A social or philanthropic initiative, for instance, is frequently authorised based less on the rate of return and more on a business's goal to promote goodwill and give back to its community.

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