This question under Quantitative methods === had no idea under what topics so I put under...

This question under Quantitative methods === had no idea under what topics so I put under statistics and Probability
Pls do not handwritten for easy reading === ===

Question:-
1a) What is Linear Programming(LP)?
1b) Describe a Linear Programming problem in 300 words so that people who have not had any exposure to Microsoft Excel Solver will understand what LP is(Note: Please do not write a textbook-definition-ish description. You have to explain LP in your own words so that someone like your grand-parents or nephew 12 yr old who have not heard about anything about operations research would understand)

Expert Solution

1a) When we need to determine the best possible solution or the outcome from a given data set, we go for linear programming.

It is the mathematical model of representing the various variables in linear relationships and producing the best or maximum output from the given data set.

orchestra answered 2 years ago

This question under Quantitative methods === had no idea under what topics so I put under...

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This question under Quantitative methods === had no idea under what topics so I put under...

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