Question

please explain how learning linear programming will be used in a business major in 100-150 words

please explain how learning linear programming will be used in a business major in 100-150 words

Homework Answers

Answer #1

Linear programming is amathematical aspect of business which can be used to calculate the maximum profit , amount of loss happening in a certain business. It also tells us about the quantity of the product required to maximize profit and minimize the loss as much as possible.It mainly helps in decision making in a certain basis to give the best result which will finally yield to a good amount of profit, these calculations of the Linear programming are not too complicated and can easily be applied using basic knowledge of Calculas, mainly differentiation, all in all Linear programming is a very important aspect essential in economics field.

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