[Solved] Complete Attached Template Linear

[Solved] Complete Attached Template Linear

  Please use instructions to complete attached template

Linear programming optimizes resource allocation in numerous sectors, making it vital for management decision-making. Managers may make effective decisions to increase earnings and decrease expenses while recognizing limits (Vanderbei, 2020). For example, a factory manager may utilize linear programming to optimize production mix with limited resources like manpower and materials.

Its shortcomings include assuming constant parameters, which may not accurately represent real-world volatility. Automation using AI and robots has improved efficiency, reduced mistakes, and increased output in industry. Examples of automation include robotic assembly lines in automotive manufacture, enhancing accuracy and speed, boosting productivity and cost-effectiveness.

Reference 

Vanderbei, R. J. (2020). Linear programming. Springer International Publishing. https://link.springer.com/content/pdf/10.1007/978-3-030-39415-8.pdf

Need help with your assignment? Hire Premiumessaytutor.com for quality assignment help and get Get 15% discount on your first order
Our experts will take care of your assignment no matter the deadline!
Use the following coupon
"SAVE15"

Order Now