April 21, 2013

Linear programming

Linear programming is a very useful decision tool when the decision is made from few alternatives but when a decision space exists. For instance, when a production plant wants to understand what is the optimal combinations of products. However, it is important to know that linear programming is only suitable where objectives and constraints are linear. If not, it would be an application of operational research to use non-linear programming possibly.

This is a very useful management tool to use the decision objectives to minimise cost or maximise profit by optimising the decision objective.

In my career, linear programming is a very useful tool especially redesigning a mechanical component to be optimised. For example, minimising a product weight can be the design objective which can be given by management to meet a certain strategic objective and specifying stiffness as the design constraint. This can optimise the component design to achieve the desired decision objective.

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  • Good point, you dont have to consider it while using the decision tree as the available data is limi… by Ahmed Alali on this entry
  • Good point Bu Salim. However, i failed to mention that a decision objective is linked to the busines… by Ahmed Alali on this entry
  • I do agree with you Ahmed that certain modification enhance GA performance, however, even if someone… by Waddah Alharthi on this entry
  • as u said, the time scaling and sentivity need to be taken into account… i agree but do u think in… by Tzu-i Yang on this entry
  • i agree with u … choosing tools is not easy… we might fall into trap info….it was whyi decisio… by Tzu-i Yang on this entry

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