Linear Programming

Linear Programming

Linear programming (LP) is a mathematical method for determining the optimal allocation of scarce resources to achieve a specific objective. It involves finding the best solution from a set of linear constraints and an objective function. Key Characteristics / Core Concepts Objective Function: A mathematical expression representing the goal (e.g., maximizing profit or minimizing cost). … Read more

Integer Programming

Integer programming (IP) is a type of mathematical optimization where some or all of the variables are restricted to be integers. It’s a powerful tool for solving complex problems where fractional solutions are not meaningful. Key Characteristics / Core Concepts Discrete Variables: The key difference from linear programming is that variables must take on integer … Read more