Asked by David Mckay on May 11, 2024
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The transportation method of linear programming is an optimizing approach to aggregate planning.
Transportation Method
A linear programming technique used to find the most efficient and cost-effective way of distributing products from several suppliers to multiple destinations.
Linear Programming
A mathematical method for determining the best outcome in a model whose requirements are represented by linear relationships, widely used in operations research and economics to maximize or minimize an objective function.
Aggregate Planning
The process of developing, analyzing, and maintaining a preliminary approximate schedule of the overall operations of an organization.
- Knowledge about the application of linear programming and other mathematical models in aggregate planning.
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Learning Objectives
- Knowledge about the application of linear programming and other mathematical models in aggregate planning.
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