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Industrial Engineering / July 29, 2021

Linear programming for production management

The linear programming for production management is one of the classical operations research technique. It is defined as the mathematical technique for finding the best use of limited resources of a company in the maximum manner. In can be applied successfully to chemical industry, oil industry, iron and steel industry and banks. The simplex procedure […]

The linear programming for production management is one of the classical operations research technique. It is defined as the mathematical technique for finding the best use of limited resources of a company in the maximum manner. In can be applied successfully to chemical industry, oil industry, iron and steel industry and banks.

The simplex procedure is an excellent technique for solving linear programming problems.