Top 6 OR Linear Programming Graphical Method Terms You Need To Know

1. Decision Variables: The unknowns to be determined.
2. Constraints: Mathematical equations of the limitations imposed by the situation or problem characteristics. Constraints define limits within which the solution of the Problem has to be found.
3. Objective Function: The mathematical equation of the major goal of the Problem.
4. Linear Relationship: Each Variable appears in only one term & only the first power.
5. Feasible Solution: A set of values of Decision Variables which satisfy all the constraints.
6. Optimal Solution: A Feasible Solution which optimizes the Objective Function.

Facebook comments: