Chapter 3: Linear Programming: A Geometric Approach
In this chapter, you will learn to:
- Solve linear programming problems that maximize the objective function.
- Solve linear programming problems that minimize the objective function.
Application problems in business, economics, and social and life sciences often ask us to make decisions on the basis of certain conditions. These conditions or constraints often take the form of inequalities. In this section, we will look at such problems.
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 our function. That is why these linear programming problems are classified as maximization or minimization problems, or just optimization problems. The function we are trying to optimize is called an objective function, and the conditions that must be satisfied are called constraints. In this chapter, we will do problems that involve only two variables, and therefore, can be solved by graphing. We begin by solving a maximization problem.
Adapted from Applied Finite Mathematics by Rupinder Sekhon (De Anza College), originally published by OpenStax CNX (cnx.org, collection col10613), licensed under CC BY 3.0. Changes were made. License: CC-BY-3.0.