Asked by Edward Chang on May 17, 2024
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Linear programming is a complex mathematical procedure commonly used for project analysis in engineering and business applications.
Linear Programming
A mathematical method used for achieving the best outcome in a model whose requirements are represented by linear relationships, commonly used in maximizing profit or minimizing cost.
Project Analysis
An examination of the various aspects of a project, including its feasibility, risks, timeline, and cost, to ensure its potential for success.
- Recognize the use and significance of linear programming within project analysis.
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Learning Objectives
- Recognize the use and significance of linear programming within project analysis.
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