Question: please write about this topic: Linear Programming in formulating and solving decision problems in business management and develop a write up. Study, observe or conceptualize
please write about this topic: Linear Programming in formulating and solving decision problems in business management
and develop a write up. Study, observe or conceptualize some specific business processes in Oman from the perspective of the application of the Operations Research (OR) tools and techniques. Use the process of abstraction to state a problem, formulate it and present its solution. Whenever possible, interview one or two key employees in the organization to gain some understanding of their processes and situation. Present the manual solution and also validate it using POM/QM software (add screenshots of solution testifying the understanding and use of the software).
The write-up should be structured around the following heads:
- Formulation of problem and provide the complete solution
Practical Skills C.1.Use computer applications in solving complex problems and realize their advantages and limitations. C.2.Apply optimization tools and techniques such as PERT/CPM, Assignment, and Transportation for finding solutions to business problems.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
