How does linear programming in operations research help optimize decision-making processes in resource allocation and cost minimization?
How does linear programming in operations research help optimize decision-making processes in resource allocation and cost minimization?
Linear programming (LP) in operations research optimizes decision-making by providing a structured approach to resource allocation and cost minimization.
Linear programming helps optimize decision-making by finding the best way to allocate limited resources while minimizing costs or maximizing profits, all within a set of constraints.