Description
You are required to submit the following. Discuss the importance of linear programming (LP) in managerial decision making. (About 500 words) Describe functions (like finance, marketing, production, supply chain management etc.) in which LP can be used. (About 1,000 words) Find examples of actual applications. You may do google search to find appropriate examples. Do not copy and paste. Use your own language. Give the sources of the material used. Also include appropriate tables and figures if available. Describe one to two examples. What were the objective functions, constraints and the final results? Length: On an average, about 1,500 words for each example. Include the list of references. Other Specifications: Times New Roman, size 12, line spacing 1.5
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