Linear Programming Problem Example
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Linear Programming Problem Example
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A typical linear programming problem consists of finding an extreme value of a linear function subject to certain constraints We are either trying to maximize or minimize the value of this linear function such as to maximize profit or revenue or to minimize cost The most classic example of a linear programming problem is related to a company that must allocate its time and money to creating two different products The products require different amounts of time and money which are typically restricted resources and they sell for different prices

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