Question: Think of a maximization process -- it could be as simple as maximize monthly savings given your income and expenses. Now, consider how you may
Think of a maximization process -- it could be as simple as maximize monthly savings given your income and expenses. Now, consider how you may use linear programing to help you to solve this optimization problem. How would you turn your objective function and constraints into math equations? What are the conditions or assumptions you have to make to use linear programming? Will you be able to share the results you obtained from this exercise and comment on the effectiveness of linear programming?
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