Applied Mathematics

May 5th, 2015
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Linear programming is the process of taking various linear inequalities relating to some situation, and findinag the "best" value obtainable under those conditions. A typical example would be taking the limitations of materials and labor, and then determining the "best" production levels for maximal profits under those conditions.

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Applied MathematicsThe use of linear programming in economicsLinear programming is the process of taking various linear inequalities relating to some situation, and findinag the "best" value obtainable under those conditions. A typical example would be taking the limitations of materials and labor, and then determining the "best" production levels for maximal profits under those conditions. In "real life", linear programming is part of a very important area of mathematics called "optimization techniques". This field of study (or at least the applied results of it) are used every day in

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