Question: Linear Programming ( LP ) is very useful when modelling real - life problems. There are LP models in the areas of marketing research, media
Linear Programming LP is very useful when modelling reallife problems. There are LP models in the areas of marketing research, media selection, production mix, labour scheduling, financial portfolio selection, just to mention, but a few. Select one group members work environment and develop your own unique hypothetical scenario of an LP model using the knowledge you gained from chapters and Your LP model must have decision variables, objective function, and constraint functions. The scenario must be based on a reallife work environment problem. Your LP problem must also be solvable and free from show to the reader your understanding of these special cases and difficulties infeasibility, unboundedness,
redundancy and alternate optimal solutions.
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