A linear programming model (LP model) is a mathematical method for optimizing decisions in which a linear goal (such as profit maximization or cost reduction) is to be achieved under given constraints.
Mathematical optimization: Application of linear equations for optimization.
Decision support: Helps in the selection of optimal decisions.
Resource allocation: Efficient allocation of resources.
Advantages:
Efficiency: Optimization of resources and processes.
Cost reduction: Reduction of costs through optimal decisions.
Planning reliability: Support in the creation of realistic plans.
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