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Linear Programming Basics

Knowledge and Communication, Service and Operations Management

Reference: PN-477-E
Number of pages: 12
Publication Date: Sep 16, 2011
Source: IESE (España)
Type of Document: Technical Note

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Description

Linear programming (LP) is a mathematical optimization tool that can help managers plan and execute operations more efficiently through a better use of resources. The range of problems that can be treated with LP is wide. This note reviews the basics of the technique, explains how to use it with a spreadsheet solver and discusses two typical cases where it is useful.

Keywords

Learning Mathematical and Quantitative Methods Negotiation