INTRODUCTION TO LINEAR PROGRAMMING (LP) WHAT IS LINEAR PROGRAMMING LP is a problem-solving approach developed for situations where we require to determine an optimum solution and where we face certain limitations or constraints on what we are able to do. We may seek to: • maximize profit • minimize costs • minimize travel time The term PROGRAMMING refers not to the need for computer programming but to the fact that technique comprises a set of logical steps to determine the optimal solution to an LP problem. The term LINEAR ISOPROFIT LP GRAPHICAL METHOD The "isoprofit line solution method" is a graphical technique used in linear programming to find the optimal solution by plotting lines representing different levels of profit (isoprofit lines) within the feasible region, where the point on the line that intersects the feasible region at the highest profit level is the optimal solution; it's primarily used for problems with only two decision variables due to its visual nature. CORNER POINT LP GRAPHICAL METHOD The "corner point solution method" is a graphical technique used in linear programming to find the optimal solution to a problem by evaluating the objective function at each "corner point" (or extreme point) of the feasible region, with the assumption that the optimal solution will always lie at one of these corners; essentially, it involves plotting the constraints, identifying the feasible region, and then testing the objective function at each corner point to find the maximum or minimum value depending on the problem objective. . 1. Alternate Optimal Solution When there are multiple points on the feasible region that provide the same optimal value for the objective function, meaning there are several equally "best" solutions. 2. Infeasibility When no combination of FOUR SPECIAL CASES IN LINEAR PROGRAMMI NG 20XX An Infeasible Problem maximize Z = 5x1 + 3x2 subject to: The three constraints do not overlap to form a feasible solution area. Because no point satisfies all three constraints simultaneously, there is no solution to the problem. Infeasible problems do not typically occur, but when they do, they are usually a result of errors in defining the problem or in formulating the linear programming model. 3. Unboundedness When the objective function can be increased (in maximization problems) or decreased (in minimization problems) indefinitely without violating any constraints, often indicated by a line in the feasible region that extends infinitely in one direction. 4. Redundancy When one constraint in a linear programming problem is essentially a duplicate of another constraint, providing no additional information to FOUR SPECIAL CASES IN LINEAR PROGRAMMING An Unbounded Problem the objective function is shown to increase without bound; thus, a solution is never reached. Unlimited profits are not possible in the real world; an unbounded solution, like an infeasible solution, typically reflects an error in defining the problem or in formulating the model. THANK YOU. 20XX A COMPANY PRODUCES 2 BIKES, A MOUNTAIN BIKE AND A ROAD BIKE. IT TAKES 3 HOURS TO ASSEMBLE A MOUNTAIN BIKE AND 4 HOURS TO ASSEMBLE A ROAD BIKE. THE TOTAL TIME AVAILABLE TO ASSEMBLE IS 60 HOURS. THE COMPANY WANTS TO HAVE TWICE AS MANY MOUNTAIN BIKES AS THE ROAD BIKES. COMPANY MAKES A PROFIT OF $200 PER MOUNTAIN BIKE AND $100 PER ROAD BIKE. HOW MANY ROAD BIKES AND MOUNTAIN BIKES TO 20XX