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Managerial Science-Discussion

Managerial Science-Discussion

Q Describe a situation that could be modeled using a Linear Programming Model. What are the advantages of analyzing and experimenting with a model as opposed to a real object or situation?

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Linear Programming is a method of the operations research that can be used to find the optimal solution of a scenario involving two or more variables. In the linear programming model, first the analyst should identify the objective of this problem, and the constraints to meet that objective. Now, there may be several options to reach the objective, the business should choose the optimum one. To do so, the business analyst has to use the linear programming model. This can be explained with an example. Let’ assume a restaurant sells coffee and sandwiches.