Linear programming is a technique for the purpose of allocation of limited resources in an optimum manner.
It is the technique used in optimum allocation of resource in the organization.
Features of linear programming:
- Objective function: A function from the problem for maximization of profit and minimization of costs.
- Constraints: Constraints are the restrictions imposed on decision variables.
- Non negative conditions: Conditions should be non-negative otherwise whole technique will be rendered useless.
- Linear Relationship: The various relationships to be expressed either in the form of equations or inequalities must be linear.