OPEARATIONS MANAG.REV CUSTOM 2017
OPEARATIONS MANAG.REV CUSTOM 2017
17th Edition
ISBN: 9781323590058
Author: Pearson
Publisher: PEARSON C
bartleby

Concept explainers

Question
Book Icon
Chapter B, Problem 6DQ
Summary Introduction

To determine: The circumstances under which the constraints are more important than the objective function in the linear programming problem.

Introduction:

Linear programming:

It is a linear optimization technique followed to develop a best outcome for the problem on hand. The outcome might be maximum profit or less cost which are represented by a linear relationship. The outcome will take into consideration the constraints present in achieving the solution.

Objective function:

It is a linear function representing a cost, profit or some other quantity. The motive of the objective function is to maximize or minimize a quantity taking the constraints into consideration.

Constraints:

The constraints are the limitation for a situation within which the process must operate. The constraints are the limits within which the available resources can be utilized so as to maximize or minimize a quantity.

Blurred answer
Students have asked these similar questions
Accounting problem
Government's new plan to shift cargo from roads back to rail 26TH JANUARY 2024 Government is seeking to finalise a plan aimed at improving its rail network and move cargo away from a billion rand per day to its logistics crises, government has said an urgentturnaround is needed to improve its 31 000km locomotive network as more and more cargo moves from rail to trucks. The Department of Transport (DoT) hosted a discussion with industry stakeholders regarding the Freight Road to Rail Migration Plan on Thursday - the latest development in the wake of President Cyril Ramphosa forming the National Logistics Crisis Committee last year. Transnet, the South African National Roads Agency (Sanral) and private sector companies were all in attendance. The Freight Road to Rail Migration Plan is part of government's strategies to improve the country's ongoing logistics crises. In October last year, the government unveiled its Freight Logistics Roadmap to improve the ports and rail networks and…
Assess what led to such logistical inefficiencies / collapse of a previously world class freight network
Knowledge Booster
Background pattern image
Operations Management
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,