Linear Programming problems are characterized by linear relationships between variables and constraints
What does the Objective Function represent in an LP problem?
Goal to be optimized
Constraints in Linear Programming are linear inequalities that restrict the values of decision variables.
In the example given, what is the Objective Function?
Maximize:Z=30x+20y
Non-negativity constraints ensure that decision variables are greater than or equal to zero
Match the Linear Programming components with their descriptions:
Objective Function ↔️ Mathematical expression to be optimized
Decision Variables ↔️ Variables adjusted for optimal results
Constraints ↔️ Linear inequalities restricting variables
The Objective Function must always be maximized in Linear Programming problems.
False
What are the two main goals of Linear Programming?
Maximize or minimize
In the desk production example, the Objective Function is to maximize profit
Order the steps in formulating a Linear Programming problem:
1️⃣ Define the problem and its goal
2️⃣ Identify decision variables
3️⃣ Formulate the Objective Function
4️⃣ Define constraints
5️⃣ Write non-negativity constraints
What does the term "feasible region" refer to in Linear Programming?
Region defined by constraints
Decision Variables represent the quantities of resources or products to be determined in Linear Programming.
The Objective Function represents the goal of the Linear Programming problem, which can be to maximize or minimize
What are decision variables in a Linear Programming problem?
Quantities to be determined
Decision variables are adjusted to achieve the optimal solution
What is the objective function in a Linear Programming problem?
Mathematical expression to optimize
Steps to formulate an objective function
1️⃣ Identify variables
2️⃣ Determine coefficients
3️⃣ Combine variables and coefficients
4️⃣ Specify optimization type
If a company sells chairs at \$30 each and tables at \$20 each, the objective function to maximize profit is Maximize:Z=30x+20y
What are constraints in a Linear Programming problem?
Linear inequalities limiting variables
A resource constraint limits the use of resources such as labor
Match the constraint type with its description:
Resource ↔️ Limits the use of resources
Demand ↔️ Ensures minimum production
Non-negativity ↔️ Variables must be non-negative
What is Linear Programming (LP)?
Mathematical optimization technique
The objective function in Linear Programming is optimized by maximizing or minimizing a mathematical expression
In the example provided, the objective function to maximize profit is Maximize:Z=30x+20y
Steps to define the components of an LP problem
1️⃣ Identify the objective function
2️⃣ Define decision variables
3️⃣ Formulate constraints
What do decision variables represent in Linear Programming?
Quantities to be determined
The objective function in Linear Programming must always be maximized
False
Match the constraint type with its example:
Resource ↔️ 2x+y≤40
Demand ↔️ x+y≥20
Non-negativity ↔️ x≥0,y≥0
What type of constraint ensures variables must be non-negative?
Non-negativity constraint
Constraints in Linear Programming are linear inequalities
A demand constraint ensures minimum production levels are met.
What is an example of a resource constraint in Linear Programming?
2x+y≤40
Constraints ensure that the solution adheres to limitations or requirements
Steps to write linear constraints in Linear Programming
1️⃣ Consider available resources
2️⃣ Consider requirements
3️⃣ Formulate linear inequalities
A furniture company has 40 labor hours and 30 material units. What is the labor hours constraint if chairs (x) require 2 hours and tables (y) require 1 hour?
2x+y≤40
Non-negativity constraints ensure decision variables are zero or positive.
Linear Programming is a mathematical optimization technique used to find the best possible solution
What is the term for the mathematical expression to be maximized or minimized in Linear Programming?
Objective function
Steps to formulate an objective function in Linear Programming