I'm curious of what is the significance of OR Linear Programming for you guys? Is the existence of it impacts our daily lives?how?
This question has been flagged
Provides solution for various business problems
OR Linear programming is really important for making things work better, saving money, and helping us decide better in different parts of our daily lives. These methods help organizations and people choose better by finding the best solutions for difficult problems.
Great answer 💯
improve the quality of decision by calculating the cost and profit.
OR Linear Programming is vital for us, impacting daily life through optimized resource use in sectors like logistics, finance, and manufacturing, leading to efficient decisions.
Operations Research Linear Programming are crucial in improving many aspects of our everyday life, including supply chains and transportation to banking and healthcare. They help with efficiency, cost savings, and improved decision-making in a range of businesses and sectors.
It give us solution for other problems
to improve the quality of decisions by calculating the cost and profit with the best or near-best solutions
to improve the quality of decision by calculating the cost and profit.
Operations Research and Linear Programming have a substantial impact on various aspects of our daily lives by optimizing processes, resources, and decision-making in fields that influence modern society and technology.
Providing solution for the complex problem.
YES! for example Transportation LP assists in planning optimal routes for delivery trucks, public transportation, and even navigation apps. This reduces travel time, saves fuel, and minimizes traffic congestion.
Seems like you didn't comprehend well on the course. This is so very basic question dear. It was actually discussed in the Intro to OR session.
I think she's asking from other trader's pov. Based on her question, she asked if what's the opinion of others.
I learned a lot on the course, I was asking for other users' perceptions about it. I know its significance, I just want to know how other students see it.
Agree with this! This is so very basic to be posted in forum section.
An issue that needs a choice or series of decisions about how to optimally employ a number of constrained resources to attain a state goal or set of objectives is solved using linear programming. Modeling using linear programming is useful for many situations in the actual world.
Are you not learning the lessons? it is the very first thing that the lecturer mentioned.
This is a no brainer question.
Does imposing a question mean I did not learn anything? If so, how do you see philosophers who became legendary by always prompting questions?
It can help us to optimize our decisions based on certain constraints and objectives.