Roughly, we will cover the following topics (some of them may be skipped depending on the time available). Linear Programming: Basics, Simplex Algorithm, and Duality. Applications of Linear ...
With fluctuating sales, a manufacturer must have fluctuating production, or fluctuating inventory, or both. Penalties are associated with either type of fluctuation. Several papers place this problem ...
Linear programming is a fundamental planning tool. It is often difficult to precisely estimate or forecast certain critical data elements of the linear program. In such cases, it is necessary to ...