The document provides information about linear programming techniques:
- Linear programming is a mathematical modeling technique used to optimize allocation of scarce resources among competing demands. It involves linear objectives and constraints.
- The goal is to maximize or minimize some quantity by determining an optimal feasible solution given problem constraints. A feasible solution satisfies all constraints while an optimal solution results in the largest/smallest objective function value.
- Several examples of linear programming problems are provided to maximize revenue, profit or resources by determining optimal production levels given processing times, availability of resources, and sales prices of products. Solutions involve setting up objective functions and constraints then solving using the simplex method.